I is an abbreviation - taking the first and last letters of the word.
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60% of 7 billion = 7 bn*60/100 = 4.2 billion
2.3 bn = 2,300,000,000 / 230000000023 and 8 zeroes.
9.2308
1bb?
To convert a fraction to a percentage, multiply by 100%: 4.5 bn/7bn = 4.5/7 = 4.5/7 × 100% = 450/7 % = 64 2/7 % ≈ 64.29 %