Real-Life Applications of Percentage
Real-life examples where the concept of Percentage is involved are:
Application 1:
We can calculate the price of an item after a discount when shopping.
Application 2:
We can utilise it to determine how much return we get from the stock market or our Deposit.
Application 3:
Percentage of your monthly salary that you must save in order to fund an incredible vacation to an exotic location within the next year or two or even simply to obtain your private home.
Application 4:
A restaurant knows that the customer is x% higher on any given Wednesday than on any given Monday. They utilise this information to determine and acquire the amount of food and resources required.
Percentage Aptitude Resources
The resources mentioned below can help you with your Percentage aptitude preparation.
1. Concepts
Learn important concepts related to Percentage. Once you begin comprehending what has to be assessed, you develop a better understanding of the nature of the questions.
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2. Formulas
Learn important formulas linked to the Percentage problems that can help you answer the questions quickly and develop a greater understanding of the concepts.
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3. Practice Problems
Practice sample problems related to the Percentage topic. A candidate is more likely to comprehend the concept and improve their speed and precision the more questions they practice.
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FAQsFAQs
What does % symbol mean?
The percent sign (%) is used to show that a number is a percentage.
How important is Percentage topic in placement examinations?
Percentage topic carry high weightage in the Quantitative Aptitude examinations.
Is Percentage difficult to learn?
No, Percentage topic is not difficult to understand. Students must practice Percentage on a daily basis and memorise formulas to address the problems accurately. Students must also learn different shortcuts & tricks to improve their solving speed.
What is the fastest and most effective way to learn the Percentage topic?
Students must understand the foundations and formulas of Percentage. They should be informed of the shortcuts and tricks for various types of questions on the topic. They must practice on a daily basis before taking a weekly mock exam.
