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Applications of percents are widely used in many areas, from figuring sale prices to measurement of increase or decrease. Knowing how to translate words into meaningful equations is an important part of mathematical literacy. It is a fraction or a ratio. There are key words used in percent equations, such as of , which signals multiplication, is , which signals equation or the equals sign, what , the variable, and the percent sign , which signals multiplication by 0. There are three different types of percent problems: finding the amount when the percentage and the base are known, finding the base when the percentage and the amount are known, and finding the percentage when the amount and the base are known. These are the most straightforward percentage problems, asking what the amount is when the percentage and the base are known.
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