Importance of percentages in mathematics from "summary" of RRB ALP Exam PDF-RRB Assistant Loco Pilot Exam-CBT-1-Mathematics Subject eBook by Chandresh Agrawal,Nandini Books
Percentages play a crucial role in the field of mathematics. They are used to represent parts of a whole in terms of hundredths. Understanding percentages is essential for various real-life applications, such as calculating discounts, interest rates, taxes, and many more. Without a solid grasp of percentages, it would be challenging to make sense of the world around us.
In mathematics, percentages are used to express proportions or compare quantities relative to a whole. For example, when we say that 50% of a population prefers a certain brand of soda, we are stating that half of the total population likes that particular brand. Percentages help us make sense of data and draw conclusions based on relative sizes of different parts.
Moreover, percentages are used extensively in business and finance. Entrepreneurs use percentages to calculate profits, losses, margins, and growth rates. Investors ...
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