Ch 61: PLACE Business Education: Computation in Business

About This Chapter

Watch our video lessons to review computation in business concepts. These lessons, along with self-assessment quizzes, prepare you to correctly answer business math questions on the PLACE Business Education test.

PLACE Business Education: Computation in Business - Chapter Summary

Re-familiarize yourself with key terms and calculations for math problems commonly found in the business world. Topics covered in this PLACE Business Education prep chapter are as follows:

  • Defining and calculating percentages
  • Comparing, ordering and solving problems with fractions
  • Calculating and converting percentages, fractions and decimals
  • Conversion of common units
  • Defining the order of operations
  • Calculating mean, median, mode and range

Our instructors take complex subjects and break them into easy to manage components to help you quickly grasp the materials in each lesson. The videos also have text transcripts for easy access to key terms. Take the multiple-choice quizzes to practice answering questions similar to those you may find on the PLACE Business Education test.

PLACE Business Education: Computation in Business Chapter Chapter Objectives

The PLACE Business Education test is required by the state of Colorado for educators seeking their license to teach business in secondary schools. Test objectives are divided into five main categories, including business management and communication; economics and personal finance; technology and information systems; business education programs; and accounting, finance and business law. Questions related to computation in business fall under the accounting, finance and business law section. Our video lessons can help you prepare for these types of question found on the actual test. The test consists of 100 multiple choice questions and is provided in a paper and pencil format.

12 Lessons in Chapter 61: PLACE Business Education: Computation in Business
Test your knowledge with a 30-question chapter practice test
What is a Percent? - Definition & Examples

1. What is a Percent? - Definition & Examples

Thinking in terms of pizza is an excellent way to think about percentages. Learn how it can help you understand percentages in this video lesson. You will also learn about the uses of percentages in the real world.

Solve Problems Using Percents

2. Solve Problems Using Percents

Percents are your friend. Think of all the cool things percents do for you. They save you money, and they tell you how well you are doing in school. Learn how you can solve problems with percents in this video lesson.

Comparing and Ordering Fractions

3. Comparing and Ordering Fractions

Comparing and ordering fractions is way to examine fractions that contain different-sized sets. In order to compare these fractions, you must find a common denominator and make equivalent fractions.

Solving Problems using Fractions and Mixed Numbers

4. Solving Problems using Fractions and Mixed Numbers

Fractions don't just live in math problems. They're all around us, helping us through our lives. In this lesson, we'll look at real scenarios where your ability to work with fractions can save the day.

Comparing and Ordering Decimals

5. Comparing and Ordering Decimals

In this video lesson, you'll find out how you can look at any two decimals and immediately tell which is greater than the other. You'll also learn how to quickly sort decimals from least to greatest or vice versa.

Solving Problems Using Decimal Numbers

6. Solving Problems Using Decimal Numbers

Problems involving decimal numbers might sound like a way to torture you, but learning how important these types of problems are in the real world is important. In this lesson, you will see a couple areas in life where you routinely encounter decimal number problems.

Changing Between Decimals and Percents

7. Changing Between Decimals and Percents

Watch as we go on a rollercoaster ride in changing from a decimal to percent and then back again. Learn to master this technique so you can get as fast as a rollercoaster going downhill on tests and quizzes when you have to convert between the two.

Changing Between Decimals and Fractions

8. Changing Between Decimals and Fractions

In this video lesson, you will learn about the usefulness of knowing how to change quickly between decimals and fractions. You will also learn how changing from a decimal to a fraction is different than changing from a fraction to a decimal.

Calculating & Converting Percentages, Fractions & Decimals

9. Calculating & Converting Percentages, Fractions & Decimals

After watching this video lesson, you will be able to convert between percentages, fractions, and decimals easily and quickly. Learn the steps you need to take for each type of conversion.

Common Unit Conversions

10. Common Unit Conversions

Watch this video lesson, and you will become a pro at converting between inches and feet, between feet and yards, and between quarts and gallons. Learn the special numbers involved in each conversion.

What Is The Order of Operations in Math? - Definition & Examples

11. What Is The Order of Operations in Math? - Definition & Examples

The order of operations is the steps used to simplify any mathematical expression. In this video, learn how to solve problems using these steps and easy tricks to remember them.

How to Calculate Mean, Median, Mode & Range

12. How to Calculate Mean, Median, Mode & Range

Measures of central tendency can provide valuable information about a set of data. In this lesson, explore how to calculate the mean, median, mode and range of any given data set.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
Not Taken
Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

Earning College Credit

Did you know… We have over 200 college courses that prepare you to earn credit by exam that is accepted by over 1,500 colleges and universities. You can test out of the first two years of college and save thousands off your degree. Anyone can earn credit-by-exam regardless of age or education level.

To learn more, visit our Earning Credit Page

Transferring credit to the school of your choice

Not sure what college you want to attend yet? Study.com has thousands of articles about every imaginable degree, area of study and career path that can help you find the school that's right for you.

Other Chapters

Other chapters within the PLACE Business Education: Practice & Study Guide course

Support