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The percent sign % (sometimes per cent sign in British English) is the symbol used to indicate a percentage, a number or ratio as a fraction of 100. Related signs include the permille (per thousand) sign ‰ and the permyriad (per ten thousand) sign ‱ (also known as a basis point), which indicate that a number is divided by one thousand or ten thousand, respectively.
In general, if an increase of x percent is followed by a decrease of x percent, and the initial amount was p, the final amount is p (1 + 0.01 x)(1 − 0.01 x) = p (1 − (0.01 x) 2); hence the net change is an overall decrease by x percent of x percent (the square of the original percent change when expressed as a decimal number).
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Any such symbol can be called a decimal mark, decimal marker, or decimal sign. Symbol-specific names are also used; decimal point and decimal comma refer to a dot (either baseline or middle ) and comma respectively, when it is used as a decimal separator; these are the usual terms used in English, [ 1 ] [ 2 ] [ 3 ] with the aforementioned ...
Most decimal fractions (or most fractions in general) cannot be represented exactly as a fraction with a denominator that is a power of two. For example, the simple decimal fraction 0.3 (3 ⁄ 10) might be represented as 5404319552844595 ⁄ 18014398509481984 (0.299999999999999988897769…). This inexactness causes many problems that are ...
The choice between fraction and decimal notation is often a matter of taste and context. Fractions are used most often when the denominator is relatively small. By mental calculation, it is easier to multiply 16 by 3 ⁄ 16 than to do the same calculation using the fraction
It is the same concept as volume percent (vol%) except that the latter is expressed with a denominator of 100, e.g., 18%. The volume fraction coincides with the volume concentration in ideal solutions where the volumes of the constituents are additive (the volume of the solution is equal to the sum of the volumes of its ingredients).