Percentage, denoted by the symbol %, is a way of expressing a fraction or proportion as a hundredth. It is a useful tool for comparing and understanding data and is widely used in various fields, including finance, statistics, and everyday life. To find the percentage, we divide the part by the whole and then multiply by 100.
Percentage plays a significant role in our daily lives. It helps us understand discounts, interest rates, exam scores, and other numerical data. For example, a 10% discount on a $100 item means we pay $10 less or $90 for the item.