PERCENTAGE
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Understanding Percentage Calculations and Applications, Schemes and Mind Maps of Human Resource Management
An introduction to the concept of percentage, including its definition, representation, and practical applications. It covers how to calculate percentages, interpret them, and apply them to real-world scenarios such as personal finance. Topics like representing percentages as fractions, calculating savings based on percentage allocations, and understanding percentage increase and decrease. By studying this document, readers can gain a solid understanding of percentage and its various uses, which is a fundamental mathematical concept with widespread applications in fields like economics, business, and personal finance.
Typology: Schemes and Mind Maps
2022/2023
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PERCENTAGE
- (^) The word per cent means per hundred. The sign of per cent is %
- (^) If a student gets 20% marks, it means that he gets 20 marks out of 100
marks
- (^) If a fraction number has denominator 100. Itis known as percentage and its
numerator is called as rate per cent
Introduction
The monthly salary of Shyam is Rs. 10,000. He
spends 25% on the education of his children, 40% on
food, 10% on house rent, 3% on travels and 5% on
miscellaneous and rest he save for the future. Find his
savings
Total expenditure = 25 + 10 + 40 + 3 + 5 = 83 % Out of Rs. 100 Shyam expense Rs.
- So he saves Rs. 17 out of Rs. 100. Now, His savings = 17% of 10000 = 17 100 × 10000 = Rs. 1700.
Percentage Increase / Percentage Decrease