To subtract a percentage, one starts by converting the percentage into its decimal equivalent and subtracting the result from one. Multiplying the answer by the original figure gives the value after subtracting the percentage. For instance, to subtract a tax of 27 percent from base pay, one coverts the percentage to 0.27 or (27/100). Basic pay x (1 - 0.27) gives the pay after the tax deduction.
Continue ReadingAlternatively, an employee may first calculate the actual tax (basic pay x 27/100) and then subtract it from the basic pay. If a buyer pays $7.61 for an item that was priced at $6.95, the applicable percentage sales tax (x) is calculated as follows: x = (7.61- 6.95)/ 6.95; x = 9.5 percent.
Mathematically, a percentage of any value means the value multiplied by the percentage in its decimal form. For example, 35 percent of 80 means 0.35 x 80. It’s also possible to calculate a percentage rate of a value if the actual fraction is known. For example, if x represents a percent of 20 that equals 30, the percent is calculated as follows: x = 100 x 30/20. One multiplies the rate by 100 to convert from the decimal to percentage form.
Learn more about Fractions & PercentagesCalculating percentages is found by dividing the part by the whole and multiplying the result by 100. For example, 17 is what percent of 68 can be found by dividing 17 by 68 which equals 0.25. Multiplying 0.25 by 100 equals 25 percent.
Full Answer >To calculate percentages in Microsoft Excel, click the Percent Style button to display the result as a percentage. Use formulas to calculate amounts, percentages and totals.
Full 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.
Full Answer >To give a tutorial on percentages, you want to start with the idea that "percent" means "per 100." Start with a few examples such as 1 out of 100 = 1%, and 50 out of 100 = 50%.
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