The easy method to to calculate percentages of any Value
Everyone knows that there are arithmetic operations that we need on a daily basis, and among these operations we find the process of calculating the percentage value of a certain number (total value) to determine, for example:
One percent is one hundredth. To indicate this, we use the % sign. So 5 percent is equal to 5%, 0.05, 5/100, or five hundredths. It's that simple! That's all very well, but most of the time we don't just use percentages. Sometimes, we want to represent the ratio between 2 numbers.
we want to calculate 74% of 23012.
74% means 74 for each 100. So the approach would be: if I have 74 from 100, I have X from 23012 :
74 |
100 |
X |
23012 |
100 ----> 74
23012 ----> X
X =74 x 23012 |
100 |
X = (74 x 23012) / 100
X = 17028.88
So, 74% of 23012 is 17028.88.