Percentage Formula:
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Definition: This calculator determines what a certain percentage of a given amount is.
Purpose: It helps with financial calculations, discounts, tips, and various mathematical problems involving percentages.
The calculator uses the formula:
Where:
Explanation: The percentage is divided by 100 to convert it to a decimal, then multiplied by the amount.
Details: Percentage calculations are fundamental in finance, statistics, shopping discounts, tax calculations, and many real-world applications.
Tips: Enter the percentage value (without % sign) and the base amount. Both values must be ≥ 0.
Q1: How do I calculate 15% of 200?
A: Enter 15 as percentage and 200 as amount. The calculator will show 30.
Q2: Can I calculate percentages greater than 100%?
A: Yes, the calculator works for any percentage ≥ 0.
Q3: What's the difference between percentage and percentage points?
A: Percentage points measure absolute difference (e.g., 5% to 7% is 2 percentage points), while percentages measure relative change.
Q4: How is this different from percentage increase/decrease?
A: This calculates a portion of an amount. For increase/decrease, you'd add/subtract the result from the original amount.
Q5: Can I use this for reverse percentage calculations?
A: No, this calculates X% of Y. For "X is what % of Y" you would need a different calculator.