Per-capita calculation is one of the most frequently asked questions in everyday life and in various fields like math, finance, and science. It is the process of finding the ratio of one value to another as a percentage. In this guide, we will explain the formula and how to calculate a percentage using an example.
You can use the formula below to figure out the percentage of one number to another:
$\text{Percentage}=\left(\frac{\text{part}}{\text{whole}}\right)\times 100$
In this formula, “part” is the percentage we want to find, and “whole” is the total or reference number.
For example, let’s say we’re trying to figure out what’s the ratio of 250 to 300.
250 is 83.33% less than 300.
Knowing how to work with percentages gives you the ability to solve many problems that involve proportions and comparison. With this easy-to-use formula, you will be able to quickly find the percentage of any value.
By learning how to use percentages, you will improve your math skills and be better prepared to work in real-world situations where percentages are important.