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FutureStarrHow to Calculate Percentage of an Amount OR
There are three steps in the process of calculating percentage:
Percentage increase and decrease are calculated by computing the difference between two values and comparing that difference to the initial value. Mathematically, this involves using the absolute value of the difference between two values, and dividing the result by the initial value, essentially calculating how much the initial value has changed.
This is all nice, but we usually do not use percents just by themselves. Mostly, we want to answer how big is one number in relation to another number?. To try to visualize it, imagine that we have something everyone likes, for example, a large packet of cookies (or donuts or chocolates, whatever you prefer ðŸ˜‰ - we will stick to cookies). Let's try to find an answer to the question of what is 40% of 20? It is 40 hundredths of 20, so if we divided 20 cookies into 100 even parts (good luck with that!), 40 of those parts would be 40% of 20 cookies. Let's do the math: (Source: www.omnicalculator.com)
This percentage calculator is a tool that lets you do a simple calculation: what percent of X is Y? The tool is pretty straightforward. All you need to do is fill in two fields, and the third one will be calculated for you automatically. This method will allow you to answer the question of how to find a percentage of two numbers. Furthermore, our percentage calculator also allows you to perform calculations in the opposite way, i.e., how to find a percentage of a number. Try entering various values into the different fields and see how quick and easy-to-use this handy tool is. Is only knowing how to get a percentage of a number is not enough for you? If you are looking for more extensive calculations, hit the advanced mode button under the calculator.
Find Percent of Two numbers example: You need to find out what percent is 7 out of 300. Using online form below, enter 7 in the first field and 300 in the second field. Answer: 2.33%. Solution: First divide low number by high: 7/300 = 0.023 Second: multiply result by 100. 0.023*100 = 2.33% Answer: 2.33% (Source: www.marshu.com)
If solving manually, the formula requires the percentage in decimal form, so the solution for P needs to be multiplied by 100 in order to convert it to a percent. This is essentially what the calculator above does, except that it accepts inputs in percent rather than decimal form.
The percentage increase calculator above computes an increase or decrease of a specific percentage of the input number. It basically involves converting a percent into its decimal equivalent, and either subtracting (decrease) or adding (increase) the decimal equivalent from and to 1, respectively. Multiplying the original number by this value will result in either an increase or decrease of the number by the given percent. Refer to the example below for clarification. (Source:www.calculator.net))