In this unit we shall look at the area of percentages and
see how to use them in different exercises. We shall also look at
examples of how percentages are used in the world around us such as
Value Added Tax (VAT), simple interest and the Retail Price Index (RPI).
AIMS
To
know how to use percentages in everyday situations.
To know what VAT is an how to work it out.
To know how to work out the simple interest on a loan or investment.