A percentage (percent) means “per hundred”. It is a way to describe a ratio out of 100, written with the symbol %.
Percentages are used to compare parts to a total in finance, science, population data, discounts, tax, growth, and error rates.
\[ p\% = \frac{p}{100}. \]
For example:
\[ 45\%=\frac{45}{100}=0.45. \]
So 45% means “45 out of every 100.”
\[ 35\%=\frac{35}{100}=0.35. \]
If 50% of students in a class are male, that means 50 out of every 100 students are male. If there are 500 students:
\[ 50\%\text{ of }500 = 0.50\times500 = 250. \]
So 250 students are male.
A price rises by \$0.15 from \$2.50. The fractional increase is:
\[ \frac{0.15}{2.50}=0.06. \]
So the price increase is 6%.
Range of percentages
Percentages are not limited to 0% to 100%. In practice, values like 111% or -35% can appear, especially for percent change.
\[ 200\%\text{ of }40 = 2.00\times40 = 80. \]
So 200% means twice the reference amount.
Before decimal notation became standard, many calculations were done with fractions out of 100. In Roman contexts, some taxes were set as hundredth fractions.
Through the late Middle Ages and early modern period, denominator-100 arithmetic became common in trade, profit/loss, and interest calculations. By the 17th century, quoting rates in hundredths was standard in many settings.
The word “percent” comes from Latin per centum, meaning “by the hundred.” Over time, written abbreviations of “per cento” contracted into the modern % symbol.
To find \(p\%\) of a quantity \(Q\):
\[ \frac{p}{100}\times Q. \]
\[ 18\%\text{ of }250 = 0.18\times250 = 45. \]
To find what percent one number is of another:
\[ \text{percent}=\frac{\text{part}}{\text{whole}}\times100\%. \]
Example: 50 apples as a percentage of 1250 apples:
\[ \frac{50}{1250}=0.04,\quad 0.04\times100\%=4\%. \]
Percent change compares new and original values.
\[ \%\text{ change}=\frac{\text{new}-\text{original}}{\text{original}}\times100\%. \]
New values can also be found with multipliers:
Convert both percentages to fractions (or decimals), then multiply:
\[ 50\%\text{ of }40\%=\frac{50}{100}\times\frac{40}{100}=0.20=20\%. \]
Avoid double-dividing by 100. For example:
\[ 25\%=0.25,\text{ not }\frac{25\%}{100}. \]
A percentage must be tied to a reference total (what counts as 100%).
Example:
Female CS majors as a percentage of all students:
\[ 60\%\times5\%=3\%. \]
As a percentage of CS majors:
\[ \frac{3\%}{10\%}=30\%. \]
So 30% of CS majors are female.
Discounts, tax, markups, interest, and error rates are all percentage models.
Reversing expressions does not change multiplication results:
\[ 50\%\text{ of }20=10,\qquad 20\%\text{ of }50=10. \]
\(\text{Discount}=0.25\times80=20\), so sale price is US$60.
\(200\times1.12=224\).
\(0.30\times450=135\).
\(\frac{18}{120}\times100\%=15\%\).