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In Mathematics / Middle School | 2014-11-03

How are percentages greater than 100% used in real-world contexts?

Asked by diazjacky377

Answer (2)

Think of investments. If you were to invest $100 into a company and receive $200 dollars, then you would have made $100 in profit, which is 100% of your initial amount. So, if you were to invest $100 and receive $250 dollars in profit, then you would have made an extra $150, which is even more than your initial amount of $100. In this case, you would have made a 150% increase on your money.

Answered by kmatras1 | 2024-06-10

Percentages greater than 100% are commonly seen in contexts like business profits, population growth, academic performance, and sales discounts. They indicate significant increases or improvements beyond the original amounts. Understanding these applications helps grasp how substantial growth or changes can be quantitatively expressed.
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Answered by kmatras1 | 2024-09-26