Q:

Who invented percentages?

A:

Quick Answer

No one person invented percentages. The concept developed throughout history. In Ancient Rome mathematical computation were expressed in fractions of 100. This concept later evolved into percentages.

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Who invented percentages?
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Full Answer

The word percent comes from the Latin phrase per centum, and it means "for each hundred." According to Cut the Knot, in 17th century Europe, the symbol o o was often used as an abbreviation for percent. This ancient symbol has evolved into the % symbol, which is commonly used today. For instance, 1 percent can be written as 1%, and it is the same as the fraction 1/100. Ten percent can be written as 10%, which is the same as the fraction 10/100. Likewise, a penny is 1 percent of a dollar, and a dime is 10 percent of a dollar.

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