Mastering Percentages Quiz
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Questions and Answers

What is the formula to calculate percentage change?

  • (New Value / Old Value) * 100
  • ((New Value - Old Value) / Old Value) * 100 (correct)
  • ((Old Value - New Value) / New Value) * 100
  • (Old Value / New Value) * 100

    • What does a percentage represent?

  • A fixed quantity
  • An absolute value
  • A proportion out of 100 (correct)
  • A ratio of two quantities

    • In what scenario would a percentage be greater than 100%?

  • When determining the percentage of a total amount
  • When measuring the success rate of a project
  • When calculating interest on a loan
  • When comparing the same quantity at different points in time (correct)

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