Outrageously Funny Word Dictionary :: Percentum

👉 Percentum is a term used in accounting to represent a percentage of a total. It is often used in financial statements and can be expressed as a decimal, fraction or as a percentage. For example, if an accountant is calculating the revenue from a sale, they would use the formula: ``` Revenue = Total Sales x Percentage of Total Sales ``` Where "Percentage of Total Sales" is the percentum value. This formula shows how much money was earned from selling a certain amount of goods

percentum