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If you have a business that dabbles in cryptocurrency then you might have been able to see some unbelievable returns. But, how does one manage their content to create the best possible positioning? How does one create content that is successful in these volatile markets?
Learn how to calculate percentages in this easy lesson! When you're asked to calculate an (unknown) percentage ("What percentage...?"), you need to first write the fraction PART/TOTAL, and then simply write that fraction as a decimal and as a percentage. See many examples below.
So what is percentage good for? As we wrote earlier, a percentage is a way to express a ratio. Say you are taking a graded exam. If we told you that you got 123 points, it really would not tell you anything. 123 out of what? Now, if we told you that you got 82%, this figure is more understandable information. Even if we told you, you got 123 out of 150; it's harder to feel how well you did. A week earlier, there was another exam, and you scored 195 of 250, or 78%. While it's hard to compare 128 of 150 to 195 of 250, it's easy to tell that 82% score is better than 78%. Isn't the percent sign helpful? After all, it's the percentage that counts! (Source: www.omnicalculator.com)
Other than being helpful with learning percentages and fractions, this tool is useful in many different situations. You can find percentages in almost every aspect of your life! Anyone who has ever been to the shopping mall has surely seen dozens of signs with a large percentage symbol saying "discount!". And this is only one of many other examples of percentages. They frequently appear, e.g., in finance where we used them to find an amount of income tax or sales tax, or in health to express what is your body fat. Keep reading if you would like to see how to find a percentage of something, what the percentage formula is, and the applications of percentages in other areas of life, like statistics or physics.
Percentage is one of many ways to express a dimensionless relation of two numbers (the other methods being ratios, described in our ratio calculator, and fractions). Percentages are very popular since they can describe situations that involve large numbers (e.g., estimating chances for winning the lottery), average (e.g., determining final grade of your course) as well as very small ones (like volumetric proportion of NOâ‚‚ in the air, also frequently expressed by PPM - parts per million). Percentages are sometimes better at expressing various quantities than decimal fractions in chemistry or physics. For example, it is much convenient to say that percentage concentration of a specific substance is 15.7% than that there are 18.66 grams of substance in 118.66 grams of solution (like in an example in percentage concentration calculator). Another example is efficiency (or its special case - Carnot efficiency). Is it better to say that a car engine works with an efficiency of 20% or that it produces an energy output of 0.2 kWh from the input energy of 1 kWh? What do you think? We are sure that you're already well aware that knowing how to get a percentage of a number is a valuable ability. (Source: www.omnicalculator.com)
Although Ancient Romans used Roman numerals I, V, X, L, and so on, calculations were often performed in fractions that were divided by 100. It was equivalent to the computing of percentages that we know today. Computations with a denominator of 100 became more standard after the introduction of the decimal system. Many medieval arithmetic texts applied this method to describe finances, e.g., interest rates. However, the percent sign % we know today only became popular a little while ago, in the 20th century, after years of constant evolution.
Now let's solve a problem with an unknown denominator. We spent 30 percent of our pocket money on bubble gum (we never said we're great investors). We bought 12 sticks for $1 each. So we know that $12 was 30 percent of our total budget. How much money did we have before we almost literally blew it all away? Let's start with our formula: (Source: www.omnicalculator.com)