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October 22nd, 2016, 12:31 PM  #1 
Newbie Joined: Sep 2016 From: alaska Posts: 16 Thanks: 0  Simple percentage question
Let's say I were to ask for 12 percent of 5 dollars. Would the rates be the same if I were to ask for 12 percent of 50 dollars? I know that it would be more for $50, but do the rates even out?
Last edited by MBI; October 22nd, 2016 at 12:34 PM. 
October 22nd, 2016, 12:39 PM  #2 
Global Moderator Joined: Dec 2006 Posts: 16,595 Thanks: 1199 
What do you mean by "rates"?

October 22nd, 2016, 12:49 PM  #3 
Newbie Joined: Sep 2016 From: alaska Posts: 16 Thanks: 0  
October 22nd, 2016, 12:52 PM  #4 
Math Team Joined: Jul 2011 From: Texas Posts: 2,298 Thanks: 1129 
50 is ten times 5 12% of 50 is ten times 12% of 5 that's about it ... 
October 22nd, 2016, 12:54 PM  #5 
Newbie Joined: Sep 2016 From: alaska Posts: 16 Thanks: 0  
November 9th, 2016, 03:29 AM  #6 
Newbie Joined: Jun 2016 From: india Posts: 24 Thanks: 4 
12% of $5 = $0.6 12% of $50 = $6 They are different . 
November 9th, 2016, 08:19 AM  #7  
Banned Camp Joined: Jun 2014 From: Earth Posts: 945 Thanks: 191  Quote:
second sentence. The amount you end up with is not the rate.  

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