\( \$ 900,000 \) is what percent of \( \$ 9,000,000 \) ?
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To find out what percent \( \$ 900,000 \) is of \( \$ 9,000,000 \), you can use the formula: \[ \text{Percentage} = \left( \frac{\text{Part}}{\text{Whole}} \right) \times 100 \] Here, \( \text{Part} = 900,000 \) and \( \text{Whole} = 9,000,000 \). Plugging in the numbers: \[ \text{Percentage} = \left( \frac{900,000}{9,000,000} \right) \times 100 = \left( 0.1 \right) \times 100 = 10\% \] So, \( \$ 900,000 \) is \( 10\% \) of \( \$ 9,000,000 \). If we take a historical look, percentages have been a part of mathematics for centuries, with early uses dating back to medieval Europe and ancient civilizations. Initially, it was a practical tool for merchants to calculate taxes and interest, making transactions much smoother and more understandable! In the real world, understanding percentages is crucial. Whether it's budgeting your monthly expenses, determining discounts while shopping, or analyzing data in businesses, knowing how to calculate and interpret percentages can enhance your financial literacy and decision-making skills. It’s a handy skill to master!