What is basic maths skill?

Basic math? Simply put, we use basic mathematics almost every day of our life. We use it at home, on the job,or when we go to school.

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At home, we may for instance have a budget to help manage our income and probably put some money aside. If our monthly income is $1000, 50% may go to your rent,
20% may go to food, clothing,gas, and other utilities; 20% may be used for personal items, gifts, and entertainment; finally, the remaining will go to our saving account.
What percentage is left for saving by the way?

The situation described above is a perfect example of basic skills in mathematics used at home. Believe it or not, we may need many skills in math to keep a budget up to date.

In the situation above, we need to know how to add, subtract, find a percent, and depending on how we approach the problem,and/or the context, we may need to know decimals and how to work with fractions too.