Understanding the Percentage Formula
The percentage formula is used to determine how one number relates to another number in terms of 100. It is commonly used in various fields such as finance, statistics, and everyday calculations.
Basic Formula
The basic formula to calculate the percentage is:
Percentage=(WholePart)×100
Here, the part represents the quantity you're interested in, and the whole is the total or complete quantity.
Example Calculation
Suppose you scored 45 marks out of a total of 60 marks in an exam. To find the percentage:
Percentage=(6045)×100
Breaking it down:
Percentage=(43)×100=75%
So, your score is 75%.
Rearranging the Formula
You can also rearrange the formula to find either the part or the whole if you have the percentage and one of the other quantities:
Finding the Part
Part=(100Percentage×Whole)
Finding the Whole
Whole=(PercentagePart×100)
Application Example
If you know that 60% of a class of 50 students passed an exam, you can find out how many students passed (the Part):
Part=(10060×50)=30
Thus, 30 students passed the exam.
Summary
- The percentage formula helps in comparing values relative to 100.
- Basic formula: (WholePart)×100
- Can be rearranged to find unknown quantities (part or whole).
Understanding percentages is vital for data analysis, budgeting, and various other practical applications in daily life and professional settings.