Tips & Tricks: Percentage

# Tips & Tricks: Percentage Video Lecture | Quantitative Aptitude for SSC CGL

## Quantitative Aptitude for SSC CGL

314 videos|170 docs|185 tests

## FAQs on Tips & Tricks: Percentage Video Lecture - Quantitative Aptitude for SSC CGL

 1. What is percentage?
Ans. Percentage is a way to express a proportion or a fraction out of 100. It is denoted by the symbol "%". For example, if you scored 80% on a test, it means you got 80 correct answers out of 100 questions.
 2. How is percentage calculated?
Ans. To calculate a percentage, divide the given value by the total value and multiply by 100. For example, to find the percentage of 25 out of 50, we would divide 25 by 50 and multiply by 100, resulting in 50%.
 3. How can percentages be used in everyday life?
Ans. Percentages are used in various aspects of everyday life. They can be used to calculate discounts while shopping, determine the tip amount at a restaurant, analyze population growth or decline, understand statistics and probabilities, and interpret data in various fields such as finance, business, and science.
 4. How can I calculate the percentage increase or decrease?
Ans. To calculate the percentage increase or decrease, subtract the original value from the new value, divide the result by the original value, and multiply by 100. If the result is positive, it represents an increase, and if it's negative, it represents a decrease. For example, if the price of a product increased from \$50 to \$60, the percentage increase would be ((60-50)/50) * 100 = 20%.
 5. What are some common uses of percentages in business?
Ans. Percentages are widely used in business for various purposes. Some common uses include calculating profit margins, determining market share, analyzing financial ratios, assessing sales growth or decline, forecasting trends, evaluating return on investment (ROI), and determining employee performance through performance ratings or bonuses based on percentages.

## Quantitative Aptitude for SSC CGL

314 videos|170 docs|185 tests

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