Benchmark percentages are rounded percentages that we often use. 1%, 10%, 25%, $\frac{331}{3}\%$ and their multiples are some benchmark percentages
We sometimes use a benchmark percentage that is close to a given percentage to estimate. Here are some common benchmark percentages and their fractional equivalents.
S.No | Fraction | Benchmark Percentage |
---|---|---|
1 | $\frac{1}{10}$ |
10% |
2 | $\frac{1}{5}$ |
20% |
3 | $\frac{1}{4}$ |
25% |
4 | $\frac{1}{2}$ |
50% |
5 | $\frac{3}{4}$ |
75% |
6 | 1 | 100% |
To estimate 47%, you could use 50% as a benchmark percent.
Represent the benchmark percentage of the following percentage on a grid.
24%
Step 1:
We consider a 10 × 10 grid having 100 squares.
The number of shaded squares gives the percentage of the grid as that is out of a total of 100 squares.
Step 2:
The benchmark percentage of 21% is 20%. To show 20% on the grid, we show 20 shaded squares as shown below.
Represent the benchmark percentage of the following percentage on a grid.
59%
Step 1:
We consider a 10 × 10 grid having 100 squares.
The number of shaded squares gives the percentage of the grid as that is out of a total of 100 squares.
Step 2:
The benchmark percentage of 59% is 60%. To show 60% on the grid, we show 60 shaded squares as shown below.
Represent the benchmark percentage of the following percentage on a grid.
74%
Step 1:
We consider a 10 × 10 grid having 100 squares.
The number of shaded squares gives the percentage of the grid as that is out of a total of 100 squares.
Step 2:
The benchmark percentage of 74% is 75%. To show 75% on the grid, we show 75 shaded squares as shown below.