Calculators · 7 minute read

Percentage Formulas With Worked Examples

A practical reference for percentages of amounts, reverse percentages, discounts, markups, and percentage points.

Most percentage questions are variations of three relationships: finding a part, finding the percentage, or finding the whole. Identifying the unknown first makes the arithmetic much easier.

Find a percentage of an amount

Convert the percentage to a decimal by dividing by 100, then multiply by the whole amount.

Formula15% of 240 = 15 ÷ 100 × 240 = 36

Find what percent one number is of another

Divide the part by the whole, then multiply by 100. The whole cannot be zero.

Formula30 is what percent of 200? 30 ÷ 200 × 100 = 15%

Find the original whole

When a part and its percentage are known, divide the part by the decimal form of the percentage.

Formula36 is 15% of what number? 36 ÷ 0.15 = 240

Discount and markup examples

A 20% discount on $80 is $16, leaving a sale price of $64. A 20% markup on an $80 cost adds $16, producing $96. Markup and margin are not interchangeable because they use different bases.

  • Discounted price = original × (1 − discount rate)
  • Marked-up price = cost × (1 + markup rate)

Why equal increases and decreases do not cancel

Reducing 100 by 20% gives 80. Increasing 80 by 20% adds only 16, producing 96. The second percentage uses a smaller base.

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