![]() ![]() The measurement error of a tool or process can be described in terms of percent error and can easily be computed using a percentage calculator. Differences between any two objects can be expressed as ratios or as percentage difference. a population, capital, personal wealth, etc. ![]() Percentage increase or decrease are used to describe the relative growth or decline of something, e.g. "he is working at 100%" (at maximum capacity). Percentage calculations can be used when measuring productivity or load of a person or machine, e.g. Promotions, sales, and various discounts are often expressed as percentage from a previous reference price of an item or service. In everyday usage we often encounter percent off coupons. They are common in statistics, social sciences, economics, finance, accounting. Percentages have a wide array of applications in many disciplines and everyday usage. The sign for percent is "%", but the abbreviation "pct" is sometimes used in its place, while in older literature and documents one can encounter "per cent", where "cent" is an abbreviation of the Latin "centum" which literally means "one hundred", so the phrase means "per one hundred" - the literal definition of percentage. 50 out of 100 can be written as 50%, and 1 out of 10 can be written as 10%.
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