To calculate the Product of Percentages (X):
\[ X = \left( \frac{a}{100} \times \frac{b}{100} \times \frac{c}{100} \times \ldots \right) \times 100 \]
Where:
Multiplying percentages involves converting each percentage to a decimal, multiplying all the decimals together, and then converting the result back to a percentage. This is useful in various financial and statistical calculations where the combined effect of multiple percentages is needed.
Let's assume the following percentages:
Using the formula:
\[ X = \left( \frac{50}{100} \times \frac{20}{100} \times \frac{30}{100} \right) \times 100 = \left( 0.5 \times 0.2 \times 0.3 \right) \times 100 = 3 \% \]
The Product of Percentages is 3%.
Let's assume the following percentages:
Using the formula:
\[ X = \left( \frac{40}{100} \times \frac{25}{100} \right) \times 100 = \left( 0.4 \times 0.25 \right) \times 100 = 10 \% \]
The Product of Percentages is 10%.