Start by understanding that a percent is a way of expressing a number as a fraction of 100.
To convert a percentage to a decimal, divide the percentage value by 100.
For 2.4%, divide 2.4 by 100.
This can be done by moving the decimal point two places to the left.
The result is the decimal representation of the percentage.
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Key Concepts
Here are the essential concepts you must grasp in order to answer the question correctly.
Percentages
A percentage is a way of expressing a number as a fraction of 100. It is often used to compare relative sizes or to represent proportions. For example, 2.4% means 2.4 out of every 100 parts, which can be useful in various applications such as finance, statistics, and everyday calculations.
Decimal Representation
Decimals are a way of representing fractions in a base-10 system. To convert a percentage to a decimal, you divide the percentage by 100. For instance, to convert 2.4% to a decimal, you calculate 2.4 ÷ 100, resulting in 0.024. This conversion is essential for performing mathematical operations involving percentages.
The conversion process from percentage to decimal involves a simple mathematical operation. This process is crucial in various fields, including finance and data analysis, where calculations often require decimal forms for accuracy. Understanding this conversion helps in interpreting data correctly and making informed decisions based on numerical information.