BUSINESS ADMINISTRATION
BUSINESS MATHEMATICS
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
Computations involving percents usually make use of the formula p = r X b.
|
|
True
|
|
|
False
|
Explanation:
Detailed explanation-1: -To determine the percentage, we have to divide the value by the total value and then multiply the resultant by 100.
Detailed explanation-2: -The per cent error is calculated by dividing the difference of the estimated value and the original value by the original value and multiplying it with 100.
Detailed explanation-3: -The percentage is calculated as the proportion per hundred. In other words, the numerator is divided by the denominator and the result is multiplied by 100. The percentage formula in Excel is = Numerator/Denominator (used without multiplication by 100).
There is 1 question to complete.