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Percentage - Essay Example

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Percentages Percentages are useful and widely used in the business world as well as in a variety of other fields. Casinos, for instance, make a fortune by using them. Percentages are used in everyday life as well because they are so simple and useful. For instance, when you’re downloading a program, a percentage bar tells you how close you are to finishing your download…
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Download file to see previous pages... Percentages are very popular in the sports world, especially in baseball. A recent sports article is entitled, “Brewers Play Percentages by Moving Infield.” The article explains that what the Brewers have done better so far than any other team is take away hits from opposing hitters (Haudricourt, 2011). The manager accomplishes this by shifting his infielders to one side of the field when a pull hitter comes up to bat. This and other similar strategies managers use is known as “playing the percentages.” As mentioned, percentages are very important in business. An example of a very important business percentage is gross profit percentage. This number is a key indicator of the current health of a business. Gross profit percentage is total revenue minus total costs divided by total revenue. This number is very useful because “comparing the company’s GPP at regular time intervals can determine how well the company is performing over time” (ehow, 2010). Percentages interest me because they can be used in virtually every facet of life. ...Download file to see next pagesRead More
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