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14.5 Out of 20 As a Percentage OR

## 14.5 Out of 20 As a Percentage

Some companies take into account the percentage of profit they make in their accounts. This approach is useful when one comprises the entire company, but it can be inaccurate when the company is mixed in with other businesses that have a variety of tasks to accomplish.

### Calculate

Even though teachers can calculate grade scores in an almost infinite number of ways, some common themes for determining grades run through most educational institutions. Most schools have a grading scale, which is a set of standard percentages that shows what students must earn for each letter grade A through F. A student can then calculate the percentage she has earned in a class and compare it to the grading scale to figure out her letter grade. Many teachers will grade assignments as percentages, while some use straight point systems. Both systems will be taken into consideration here.

Another important statistic is the labor force participation rate. This is the percentage of adults in an economy who are either employed or who are unemployed and looking for a job. People who are unemployed but not currently looking for a job are considered out of the labor force, and are not counted in the labor force participation rate. So, using the data in Figure 1 and Table 1, those included in this calculation would be the 159.2 million individuals in the labor force. The rate is calculated by taking the number of adults in the labor force, divided by the total adult population and multiplying by 100 to get the percentage. For the data from 2016, the labor force participation rate is 62.8%. In the United States, the labor force participation rate is usually around 66-68%, though it has declined over the last decade. (Source: courses.lumenlearning.com)

### Use

Real estate transactions are as mathematical in nature as they are monetary. This is why use of fractions, decimal and percentage is quite common in property sale and purchases. As for the decimal, it can be defined as a number whose integer part and the fractional part are separated by a decimal point. In other words, a decimal is applied to values with a fractional part that is separated from the integer part by the use of a decimal separator (.). The dot (.) in a decimal number is called a decimal. The digits following the decimal point show a value smaller than one.

A pharmacist has one solution that is 40% iodine and 60% water, and another solution that is 3% iodine. How many liters of each solution should the pharmacist use to make 11 liters of a solution that is 19% iodine? (Source: socratic.org)

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