1% = 0.01
100% = 1
10% = 0.10
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1 percent = 1/100 10 percent = (10/100) = 1/10 10 percent of $13,000 = 1/10 of 13,000 = $1,300
"Percent" means "out of 100", so: 10% means 10/100 = 1/10
10/100 = 1/10 = .1
1 percent of an amount equals that amount divided by 100. So, 1 percent of 13.39 equals 0.1339. Therefore, 2 percent of 13.39 equals 0.2678.