Dollars to percentage: How do I figure the percentage of a dollar to dollar ratio?

Question

If I want to discount $1 from $65 how do I figure out what percentage that $1 is in relation to the $65? My guess would be 1/65th but that sounds odd.
I know $1 from $100 would be 1% but I stymied on how to apply it to an odd figure like 65 (or another)
Please help me figure out what the formula would be not just this specific answer.

Answer 1

Divide $1.00 by $65.00. The result will be in decimals.

Answer 2

Let's rewrite the problem as:
What percent of 65 is 1?
For each "What", insert an x (the unknown), and for each "is", insert an equal sign. You then get this:
x times 65 = 1, or rewritten again,
65x = 1
and then,
x = 1/65 (you were right)
x = 0.01538...
x is approx. 1.54%

Another way to think of this is,

The discount percentage is equal to the discount amount divided by the marked price, and using the above example, we have again,
1.54% = $1 / $65

Answer 3

Yes, it's 1/65th. 65/65 = 1 = 100%, so 1/65 = .0154 = 1.54%
If $65 is the current cost, then you want to subtract 1.54% of 65 to get $64.

Answer 4

1/65

Answer 5

you want to set up two fractions. the x will equal the unknow, in this case the percentage. it is as follows
x/100 = 1/65
multiply the top of the first fraction by the bottom of the second fraction.
multiply the bottom of the first fraction by the top of the second fraction.
set the two products as equals.
you now have 65x=(1)(100)
isolate the "x".
you now have x=100/65
your answer is 1.5384615384615384615384615384615%

Answer 6

.65 or 1/65 you are right.

Answer 7

1/65th it is! That's 1.54 pennies.