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In the previous chapter, we studied about basics of percentage, and it's conversion methods. Now We will take a look at the practical problems of percentage.
- The term "percent" means per hundred or for every hundred. This term has been derived from the Latin word per centum.
- The symbol (\%) is used for the term percent.
Example:
71 percent is written as 71\%, and it means that "71 out of 100".
Fractional Equivalents of Commonly used Percentages:
1\% = 1/100 | 2\% = 1/50 | 4 \% = 1/25 | 5\% = 1/20 |
8\% = 2/25 | 10\% = 1/10 | 12\% = 3/25 | 15\% = 3/25 |
16\% = 4/25 | 20\% = 1/4 | 25\% = 1/4 | 40\% = 2/5 |
50\% = 1/2 | 60\% = 3/5 | 75\% = 3/4 | 80\% = 4/5 |