Management Notes

# Management Notes

Reference Notes for Management

# Which value is equal to 5% of 1,500?

## Which value is equal to 5% of 1,500?

A) 35
B) 55
C) 75
D) 45

5% of 1500
= 5/100 * 1500
= 5 * 15
= 75

A percentage is a number or ratio expressed as a fraction of 100 in mathematics. It is denoted by using  percent sign, “%”, although the abbreviations “pct.”, “pct” and sometimes “pc” are also used. A percentage is a dimensionless number; it has no unit of measurement. The percent value is computed by multiplying the numeric value of the ratio by 100.

Due to inconsistent usage, it is not always clear from the context what a percentage is relative to. In general, a change of x percent in a quantity results in a final amount that is 100 + x percent of the original amount (equivalently, (1 + 0.01x) times the original amount).

In the above case,

For example, to find 75  as a percentage of 1500 , one first computes the ratio
75/1500 = 0.05, and then multiplies by 100 to obtain 5%. The percent value can also be found by multiplying first instead of later, so in this example, the 75 would be multiplied by 100 to give 7500, and this result would be divided by 1500 to give 5%.

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