Well, I learnt a lot about how maths is used in healthcare contexts from working on the new book. Here's an interesting something I didn't know before.
When you see the concentration of a chemical given as a percentage, such as the commonly-used sodium chloride 0.9%, what exactly does this 0.9% mean?
Well, when a solid (like sodium chloride) is dissolved in a liquid (water) then the concentration of the solution is given as weight by volume (w/v). So, the 0.9% is understood to mean 0.9 grams in 100 millilitres of solution.
Similarly a solution of dextrose 5% has 5 grams of dextrose dissolved in 100 millilitres of the solution.
Showing posts with label percentages. Show all posts
Showing posts with label percentages. Show all posts
Friday, 11 May 2012
Thursday, 12 August 2010
Extra 20% is not an extra 20%!
We are into the summer sales and in some shops we begin to see reduced items with a blue ticket announcing 'an extra 20% off this item'. I saw one today: an article already reduced to '50% off', with an 'extra 20% off'. What they don't always make clear is that the 'extra 20% off' is 20% of the reduced price. So, it is not really an extra 20% off – in fact it is always less than this.
For example, if an article costing £100 has 50% off then it now costs £50. Most people I talk to think the 'extra 20%' would be an additional £20 reduction. But they are being misled into thinking this. It is only 20% of the reduced price; that's 20% of £50 in this case, a mere £10.
So, 50% off with an additional 20% off is only 60% off in total!
Here's an interesting question. If they reduced the price of something by 10% every day – so every day after the first 10% reduction there is an 'extra 10% off' – assuming no-one buys it, how many days would it take before it costs nothing at all? I'll give the solution some time next week.
Subscribe to:
Comments (Atom)