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The term percent means out of a hundred. The number one hundred is two powers of ten, or two decimal places. So let us say, you want to know what is five percent of 23. Five out of a hundred is equivalent to .05 so you can multiply 23 by .05 and get 1.15 which is the answer.

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Q: When you write a percent why do you move the decimal 2 places to the left?
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