Maryland Education Standards. What Is Percent? A percent is a term that describes a decimal in terms of one hundred. Percent means per hundred. Percents, fractions and decimals all can equal each other, as in the case of 10%, 0.1 and 1/10. Percents can be greater than 100% or smaller than 1%. A markup from the cost of making an item to the actual sales price is usually greater than 100%. A salesperson's commission might be 1/2% depending on the item sold. Read More...
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