explain about percentage and also give atleast five real life examples and uses of percentage.
Answers
Answer:
Percentages are an important part of our everyday lives.
Percentage is a very handy way of writing fractions.
Percentages can be compared more easily than fractions.
Shops advertise discounts on products. These discounts are percentages.
"Up to 50% off marked prices"
Companies describe their success or failure as an increase or decrease in profit levels.
"C-Company profit down by 15% for the last financial year"
Articles such as antiques or jewellery may increase in value as time goes by-appreciation.
Items such as equipment and machinery usually decrease in value-depreciation
Step-by-step explanation:
Percentages are an important part of our everyday lives.
Percentage is a very handy way of writing fractions.
Percentages can be compared more easily than fractions.
Shops advertise discounts on products. These discounts are percentages.
"Up to 50% off marked prices"
Financial institutions quote interest charged to the client on loans, or interest paid for money invested, as a percentage.
"Housing Loans-4.95% p.a. for the first 12 months"
Interest paid may be as Simple Interest or Compound Interest.
Companies describe their success or failure as an increase or decrease in profit levels.
"C-Company profit down by 15% for the last financial year"
A salesperson may be given a commission as payment for selling goods. The commission can be a percentage of the sales made.
"Position Vacant: 20% commission on all sales to the successful applicant."
Articles such as antiques or jewellery may increase in value as time goes by-appreciation.
Items such as equipment and machinery usually decrease in value-depreciation