Page 12 - LEARNER GUIDE FNSACC313

Perform Financial Calculations

CONVERTING SIMPLE FRACTIONS

Often a number written as a fraction cannot be calculated on until it is converted to a decimal.
To convert a fraction to a decimal you divide the bottom number (the denominator) into the
top number (the numerator).

_​0.30_​__
3/10 = 10)3.0 = .3

__​0.50​____
4/8 = 8)4.0 = .5

__​0.56​____
9/16 = 16)9.0 = .56

Often, we have learned common fractions as decimals, and can convert them very easily. For
example, many people do not have to make calculations for 1/2; they know this is .5; or for
3/4; they know this is .75. This is done from memory.

Where your memory assists you, you can convert the following fractions without calculating.
In some cases you will have to calculate the answers.

Anne Bowden ©2020