Key Terms
- Percentage
- A ratio out of 100 used to express share, increase, or decrease.
- Base value
- Reference number against which percentage is calculated.
- Percentage point
- Absolute difference between two percentages (not the same as percent change).
Convert a decimal fraction into a percent value. Formula: percent = decimal × 100.
(Decimal × 100)
percent = decimal × 100
Bank interest rates, mutual fund returns, GST slabs and inflation indices are usually first computed as decimals (0.07, 0.18, 0.065) and then printed as percentages (7%, 18%, 6.5%). Same number, different display convention. The conversion is just shifting the decimal two places to the right and adding the % symbol.
The reverse conversion matters when you punch numbers into Excel or a spreadsheet. If you write "7" in a percentage cell, Excel treats it as 700%. If you write "0.07" in a percentage-formatted cell, it correctly displays 7%. Knowing which way the conversion runs prevents the most common Excel error in Indian office spreadsheets.