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What does the symbol % literally stand for?

Class 7Comparing QuantitiesComparing Quantities
  • APer cent, that is, per hundred
  • BPer thousand
  • CPer ten
  • DPer one

Step-by-Step Solution

Percent comes from 'per centum' meaning 'per hundred'. So X% means X out of 100.
Answer: A) Per cent, that is, per hundred

Key idea: Reading the question carefully

Three things to check before you compute:

1. **What's being asked?** Profit % needs CP and SP. SI needs P, R, T.
2. **What units are the inputs in?** Time in months → convert to years (divide by 12). Rate already per annum → leave it.
3. **What's the base of the percentage?** Profit/loss % is on COST price, not selling price. Discount % is on MARKED price, not on what you actually paid.

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