Question

how concept of percentage is used in banks​

Answer 1

Answer:

'Percentage' is a very important concept, applicable in almost all the topics of Quantitative Aptitude. To help you all score better in the exams, we are sharing some important concepts and shortcut tricks that will help you solve questions based on percentages easily and within less time.

Step-by-step explanation:

Answer 2

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Concept of percentage is used to charge interest on the loaned amount to its customers. Percentage is used to charge on the value-added services provided by the bank. Percentage is used in banks to check their collection rate and to keep track of non performing assets.