5.5% means 5.5 out of every 100.
Worked examples
5.5% of 100 = 5.50
5.5% of 250 = 13.75
5.5% of 1,000 = 55.00
5.5% of 100 = 5.50
5.5% of 250 = 13.75
5.5% of 1,000 = 55.00
Visual guide
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5.5% of a 100-part whole.
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5.5% of a 100-part whole.
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Percentages are used for discounts, tax rates, growth, interest, statistics, and exam marks.
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