F financing_loans New member Jan 9, 2009 #4 1100 x .05 = 55 dollars 1 percent is equal to 1/100th of a hole number. So if its 5% then its 0.05. Its if 75% then its 0.75 and clearly if its 100% then its equal to 1.00. Thus if you get 100% of 1100 your formula would be. 1100 X 1 = 1100
1100 x .05 = 55 dollars 1 percent is equal to 1/100th of a hole number. So if its 5% then its 0.05. Its if 75% then its 0.75 and clearly if its 100% then its equal to 1.00. Thus if you get 100% of 1100 your formula would be. 1100 X 1 = 1100
