the cost of the shoes 5 years from now if the price increases 8% per year :- $103.
What is percentage?
A % in mathematics is a quantity or ratio that is stated as a fraction of 100 (from the Latin per centum, "by a hundred"). Although the abbreviations "pct.", "pct.", and occasionally "pc" are also used, the percent sign, "%," is frequently used to indicate it. A % lacks dimensions and has no associated unit of measurement. %, which is a relative figure used to denote hundredths of any quantity. Since one percent (symbolized as 1%) is equal to one hundredth of something, 100 percent stands for everything, and 200 percent refers to twice the amount specified. percentage.
The provided value will be multiplied by 100 to determine the percentage. As an illustration, the supplied number is 0.55. In percentage terms, 0.55 * 100 equals 55%.
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