Formula to calculate Percentage
We must divide the value by the entire value to find the percentage, and then multiply the resulting number by 100.
The formula for percentages: (Value/Total value) x 100
How percentage of a number can be calculated?
We must use a different formula, such as P% of Number = X, where X represents the required percentage, to determine the percentage of a number.
If we don't use the percent sign, we must write the equation above as P/100 x Number = X.
Hence, Re 1 interest Rs 100 indicates that the interest rate is 12%.
One rupee interest means how much percentage?
Therefore, Re 1 interest Rs 100 denotes a 12% interest rate. A ratio or value can be written as a fraction of 100 is called a percentage in Maths. The formula to find the percentage is value divided by total value multiplied by 100