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It's an expression for a number, which you'd write as [ 560 x4 y2 ],and whose value depends on the values of 'x' and 'y'.
1% of 560 = 1% * 560 = 0.01 * 560 = 5.6
4 percent of 560 = 22. 4% of 560 = 4% * 560 = 0.04 * 560 = 22.4
75% of 560= 75% * 560= 0.75 * 560= 420
9% of 560= 9% * 560= 0.09 * 560= 50.4