ECONOMICS
COMPOUND INTEREST
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Using the percent proportion or equation, solve. 17 is what percent of 68?
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25
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25%
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400
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400%
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Explanation:
Detailed explanation-1: -So, the percentage equivalent of 1768 is 25%
Detailed explanation-2: -First, you need to calculate your grade in percentages. The total answers count 25-it’s 100%, so we to get a 1% value, divide 25 by 100 to get 0.25. Next, calculate the percentage of 17: divide 17 by 1% value (0.25), and you get 68.00%-it’s your percentage grade.
Detailed explanation-3: -Note: the denominator is already 100 in this case, which means that the numerator is already the percentage for this fraction. Therefore the fraction 68/100 as a percentage is 68%.
Detailed explanation-4: -The 25 percent of 68 is equal to 17. It can be easily calculated by dividing 25 by 100 and multiplying the answer with 68 to get 17.
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