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Percent is a device for expressing hundredths. Thus P% stands for P × 0.01. For example, 6% is equal to six hundredths (6 × 0.01, or 0.06) and 7.2% is equal to 7.2 × 0.01, or 0.072. As shown by these examples, to change from a percent to a number, divide the percent figure by 100. Conversely, to convert hundredths to percent, multiply the number by 100.

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