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Percentage formulas explained

A single reference sheet for each formula behind the calculators, with one worked example apiece.

Reference · 6 min read

Core formulas

Percentage of a value: Part = (Percent ÷ 100) × Whole. 12% of 350 = 42.

Percentage one number is of another: Percent = Part ÷ Whole × 100. 42 of 350 = 12%.

Percentage change: (New − Original) ÷ Original × 100. From 350 to 392 is +12%.

Comparison and money formulas

Percentage difference: |A − B| ÷ ((|A| + |B|) ÷ 2) × 100. Comparing 40 and 60 gives 40%.

Discount: Final = Original × (1 − Rate ÷ 100). $89.99 at 25% off is $67.49.

Tip: Total = Bill × (1 + Rate ÷ 100), then divide by the number of diners.

Tax: Gross = Net × (1 + Rate ÷ 100), and Net = Gross ÷ (1 + Rate ÷ 100).

Reversing a percentage

To undo a change, divide instead of multiply. A price of $180 after a 28% cut was $180 ÷ 0.72 = $250.

This is the step most people get wrong: subtracting the same percentage does not take you back to the start. The Reverse Percentage Calculator works through it for you.

Write the formula down before you touch a calculator. Most percentage errors are set-up errors, not arithmetic errors.

Put it to work

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