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Where in real life we come across something that is more than 100 %example 135 give 3 examples
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Fichohidn

Real life scenarios where percentage exceeds 100% include :

  • Profit change
  • Inflation
  • Population growth

100% is used to represent the total percentage of a whole. Such that the highest percentage value of a whole such as the number of people who reside in a country, the mark obtainable in a examination and so on.

The mark obtainable in an examination cannot exceed 100%

However, there are circumstances whereby percentage values are represented as more than 100%.

These scenarios usually involves instances where values are compared and expressed as percentages.

Comparing the change in price of goods between two periods :

A good that cost $20 in 2005 which is now being sold at $50. The percentage change in price in this scenario will be :

[($50 - $20) / $20] × 100% = (30/20 × 100%) = 150%

Similary ;

In Finance, profit comparison usually involves using percentages greater than 100%.

For instance ;

if a firm makes double it previous year's profit, the would be said to have made an 100% increase from previous year's profit.

If the profit is 3 times, then that would mean a 200% profit increase.

For example :

Previous year's profit = $50,000

This year's profit = $150,000

Percentage profit increase :

[($150,000 - $50,000) / $50,000] × 100%

($100,000 / $50000) × 100%

2 × 100% = 200%

Learn more : https://brainly.com/question/10168902?referrer=searchResults

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