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Navy OAR Exam Prep 08, Decimals Percentages and Percent Change
Published 2 months ago
Description
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- How to quickly convert between decimals, fractions, and percentages by moving the decimal point.
- The method for solving reverse-percent problems to find the original amount after a change.
- How to calculate markups and discounts by multiplying the original value by (1 + percent) or (1 - percent).
- The critical difference between a percentage point change and a percent change to avoid common exam traps.
- To apply the "New minus Old, over Old" formula for any percent increase or decrease question.
For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep