Percentage Formula:
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Definition: This calculator determines what a given percentage of a specific number equals.
Purpose: It helps with financial calculations, statistical analysis, and everyday percentage computations.
The calculator uses the formula:
Where:
Explanation: The percentage is divided by 100 to convert it to a decimal, then multiplied by the base number.
Details: Percentage calculations are fundamental in finance (discounts, interest), statistics (growth rates), and everyday situations (tips, taxes).
Tips: Enter the percentage value (without % sign) and the base number. Both values must be ≥ 0.
Q1: Can I calculate more than 100% of a number?
A: Yes, percentages can exceed 100% (e.g., 150% of 10 is 15).
Q2: How do I calculate percentage increase/decrease?
A: First find the difference between numbers, then divide by original number and multiply by 100.
Q3: What's the difference between percentage points and percentages?
A: Percentage points measure absolute difference (5% to 7% is 2 percentage points), while percentage change is relative (40% increase).
Q4: How do I add a percentage to a number?
A: Calculate the percentage of the number, then add it to the original number.
Q5: Can I use decimals for percentages?
A: Yes, 0.5% is valid and equals 0.005 in decimal form.