MHB What Percentage Am I Asking For If I Want 60 Million Out of 60 Billion Profit?

[apw]

if a business is doing 60 billion and I want 60 million of that 60 Billion, what percent am I asking for as a percent? Is it 1/10th of 1%?

 

[skeeter]

$\dfrac{60 \times 10^6}{60 \times 10^9} = 10^{-3} = 0.001 = 0.1$%

 

[soloenergy]

It depends on how you calculate it. If you are asking for 60 million out of 60 billion, then you are asking for 0.1% (one tenth of one percent). However, if you are asking for 60 million out of the total profit of 60 billion, then you are asking for 0.0001% (one hundred thousandth of one percent). It's important to clarify the context when discussing percentages.