#Multiplying percentages with percentages how to
Related: How To Calculate Percent How to convert a percent to a decimal If the percentage amount is over 100, the product will be greater than the original number. When multiplying percents by another number, the operation creates a new value equal to the given percent of the original number.If the percentage amount is under 100, the product will be less than the original number. Unless there is a reason to use one over the other, it is a personal preference and you may choose either.īy itself, a percent is just a representation of a part of a whole. In most cases, unless the direction specify, it doesn't matter whether you convert the percentages into decimals or fractions. You cannot calculate a multiplication math problem correctly without first making this conversion. When you have a math problem that requires you to multiply one or more percentages, you must first convert the percentage into a decimal or fraction. Related: Basic Math Skills: Definitions, Examples and How To Improve Them Multiplying with percentages Consumers encounter percents every time they go shopping, since the store applies sales tax to their bill as a percentage. For example, in the finance industry, you use percents to find the rate of return, market shares, interest rates and growth trends. Many industries use percentages on a daily basis. Percents are a common mathematical term and used frequently in basic math, statistics, probability and other mathematical calculations. Sometimes you'll see it referred to as " per one hundred," " for every 100" or " out of 100." A percentage is often used to define a fractional part of a whole. What is a percentage?Ī percentage, or percent, is a proportion between two numbers expressed in hundredths. In this article, we’ll discuss percentages, including how to multiply them, how to convert percentages into decimals and fractions and how to multiply a percent by another percent, a whole number, a decimal and a fraction. Knowing how to multiply percentages is a useful skill for personal use and work, especially if you need to solve percentage problems without using a calculator. Common examples of when you may need to multiply percentages are for calculating sales tax or discounts, leaving tips, earning a commission or determining interest. Calculating percentages can help you in your daily life.
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