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How to Calculate Percentage of Marks

The term 'percentage' is ubiquitous, to say the least. From promotional labels like extra items in a product pack and price discounts to fixed deposit rates, yearly appraisals, negotiating better cost-to-company (CTC) with HR and assessing students' performance in a class exam, the usefulness of percentage numbers is evident everywhere in our daily lives.

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How to Calculate Percentage of Marks

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  1. How to Calculate Percentage of Marks: Tips and Tricks to Calculate Easily! The term 'percentage' is ubiquitous, to say the least. From promotional labels like extra items in a product pack and price discounts to fixed deposit rates, yearly appraisals, negotiating better cost-to-company (CTC) with HR and assessing students' performance in a class exam, the usefulness of percentage numbers is evident everywhere in our daily lives.

  2. Do you think it is easy to calculate the percentage? • It is reasonably easy for a secondary student to calculate the answer to "what is 10% of INR 500". However, let us consider calculating cut-off marks for securing admission or passing a competitive exam for government jobs. Another critical use case of percentage is calculating take-home salary from the jungle of CTC numbers. How to Calculate Percentage of Marks

  3. What is a percentage? • Now, a percentage is a number that shows the relative amount of something. For example, if a person earns INR 50,000 annually and their friend earns INR 25,000 annually, the first person earns 150% as much as their friend. Here, 150% means INR 50,000 is 50% more than INR 25,000. A percentage is always expressed as a fraction of 100. How to Calculate Percentage of Marks

  4. Advantages of understanding percentage • For students, job seekers, professionals, the general public and homemakers, understanding the concept of 'percentage' and how the idea is applied in different use cases is a fundamental life skill. How to Calculate Percentage of Marks

  5. Some of the salient benefits of clarity and usability of the percentage concept are, • Better self-assessment of performance in any class and board examination. • Easy to set a targeted score for securing admission to coveted academic programmes, institutes, and universities. • Effective decision-making about accepting a job offer or negotiating better appraisals from HR managers. • Empirical comparison and identification of the best deals in any consumer or business purchase decisions. • Effective personal financial decision-making like securing the cheapest loans, best bank rates and calculating the rate of return on investments.  • Practical evaluation of competitors and finalising competitive product pricing in any business. • Functional trend analysis through calculation of the percentage of growth or decline in an incident over time. • Practical understanding of applying statutory taxation rates (GST, Income tax, VAT), accounting practices and financial disclosures.

  6. THANK YOU VISIT US • RNB GLOBAL UNIVERSITY • RNB Global City, Ganganagar Road, Bikaner, Rajasthan-334601 • Tel: +91-151-2220333 • Email:info@rnbglobal.edu.in • Website :- https://www.rnbglobal.edu.in/blog/how-to-calculate-percentage-of-marks/24052022

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