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HR Zone » Best HR Practices » How to Calculate Percentage?

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How to Calculate Percentage?
GJG
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Posted 15-10-2011Reply

Anyone please give a right solution to fine the Percentage of profit or anything.



Example :



Rs 1000/- i need to calculate 7% on this value.



Method 1 : 1000*7/100 = Rs 70/-



Method 2 : 1000*100/107 = 934.57



= 1000 - 934.57



= Rs 65.43/-



My question is which method is correct and y?









Lakshmi
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  Rated 0 | Posted 15-10-2011

Method 1 is correct.
Bcoz u need to caliculate 7% on 1000.
i,e. 7/100=0.07
*1000

Lakshmi
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  Rated 0 | Posted 15-10-2011

Method 1 is correct.
Bcoz u need to caliculate 7% on 1000.
i,e. 7/100=0.07
so 0.07*1000=70

Preeti
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  Rated 0 | Posted 15-10-2011

Hi , Please find the below explanation of your que.....

A. To calculate normal % or value

Two type que's are made

1) 7% of 200

2) 7 is what % of 200

Solution:

1)200 * 7 / 100 = 14

2) 7 * 100/ 200 = 3.5

B. To calculate profit

1) If I purchase a pen on Rs. 50 and sold out on Rs. 60 how much profit I got in %.

Solution:

60 - 50 = 10

now 10 is what % of 50

10 * 100/ 50 = 20

so I got 20% profit

2) If I purchase a pen Rs. 20 and want a profit of 30%, on what price I should sell out it.

so calculate 130% of 20

20*130/100 = 26

apart it there are different types que's but I think this explation can ans your ques.



Thanx
Regards,
Preeti

GJG
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  Rated 0 | Posted 17-10-2011

Method 1 is correct.

Bcoz u need to caliculate 7% on 1000.

i,e. 7/100=0.07

so 0... See Lakshmi's complete reply


Thank u lakshmi.

GJG
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37 Posts
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  Rated 0 | Posted 17-10-2011

Hi , Please find the below explanation of your que.....



A. To calculate normal % or v... See Preeti's complete reply


Thank you Preethi

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