Calculate Percent of one Number out of a second number
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Mortgage Payment Calculation percent example: you have a home mortgage payment of $800. You only have $600 on hand to pay the bank. What is the percent of total money you have on hand? Solution: 600 divided by 800 equals 0.75. Next, multiply by 100. Result equals 75%. This means you can only pay 75% of total mortgage payment to the bank, and a small loan in amount of $200 is necessary.
Percent formula solution explained using simple ratio and example of finding what percent is 2 out of 10.
A:B = C:D, therefore 2 is to 10 as x is to 100.
2/10 = x/100 then
Cross Multiply
10 x = 200
x = 20 or 20%.
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