Percent is short for "per centum", which is Latin for "per hundred".
So "15 percent" (written 15%) simply means "fifteen out of a hundred."
Things don't usually come in groups of exactly 100. So, we use percents to indicate proportions. When we say 82% of North Americans drink orange juice, we mean that for each 100 North Americans, 82 drink orange juice. We can set up a proportion to show this relationship.
Consider the statement "x percent of y is z."
If any two of the variables are given, you can use algebra to find out the missing one. This results in three different kinds of problems. In each one, the unknown is in a different position.
Example 1:
What percent of 44 is 11?
Write a proportion.
(Note: You can reduce this fraction now if you want, but we'll be dividing anyway at the end.)
Cross-multiply.
44x = 1100
Divide.
x = 25
Example 2:
58 is 25% of what number?
Write a proportion.
Cross multiply.
25x = 5800
Divide.
x = 232
Example 3:
What is 88% of 5000?
Write a proportion.
Cross multiply.
100x = 440000
Divide.
x = 4400
To convert a percent to a decimal, just remove the % sign and multiply by 100. The quick way to do this is to move the decimal point two places to the left.
Example:
Express 2.5% as a decimal.
Move the decimal point two places to the left.
2.5% = 0.025
To convert a decimal to a percent, do just the opposite; add a percent sign and divide by 100. The quick way to do this is to move the decimal point two places to the right.
Example:
Express 1.005 as a percent.
Move the decimal point two places to the right.
1.005 = 100.5%