2007-01-08 05:34:29 · 11 answers · asked by qrumsnatcha 1 in Social Science ➔ Economics
For comparisons, it is definately mathematically possible to have more than 100%. Ex. 2005 results vs. 2006 results
If you are talking about distribution (for lack of better word), then it would be impossible. Ex. 10 total fish: 4 goldfish, 4 Trout, 2 Salmon --> 40%, 40%, 20% = 100%. It would be impossible to have more than 100% per each type of fish or as a whole.
Simplified example I know.....
2007-01-08 05:46:30 · answer #1 · answered by Marcus S 3 · 0⤊ 0⤋
More than 100% is not commonly used in Math, but it is used in economics, and usually regarding profits.
In economics, the idea is to generate the most result with the least investment, so the higher profitability goes, the more economic a product would be.
If a product cost (including distribution cost) runs $100 and the revenue from this product is $100, then the profit is 0.
If the revenue runs $200, then the profit is 100% (double the cost).
Percentages are used here to illustrate the relationship between expense and income rather than do a simple math operation.
2007-01-08 13:46:28 · answer #2 · answered by flywho 5 · 0⤊ 0⤋
100% is the rating for excellence, however, this rating has been exceeded in the past by people who far exceed the norm and do way more than is expected of a 100% rating. if you write an exam get all the answers right, you get 100%, however if in the exam, you go out of your way to prove to the teacher that you clearly understand completely what you are talking about, you have far exceeded the norm, and may be awarded a mark higher than 100%, something to be proud of for sure.
2007-01-08 13:46:32 · answer #3 · answered by al b 5 · 0⤊ 0⤋
150 out of 100 is 150%
Its when you have more that 1 whole thing
like 3 1/4 is 325%
2007-01-08 13:38:08 · answer #4 · answered by Rubba Bubba 2 · 0⤊ 0⤋
You can have more than 100% of something if there is a set limit. i.e. a value for 100%.
Example: You own a store, you sell apples, your store can stock 100 apples...if you have 100 apples, your stock of apples is at 100%, if the apple farm sends you 120 apples. You are at 120% of your normal stock.
2007-01-08 13:45:39 · answer #5 · answered by Anonymous · 0⤊ 0⤋
The only example I can think of is profits. If company A makes 100 dollars in year one, and 250 in year two, they have made a 150% profit in year two.
other than that, you got me.
2007-01-08 13:37:52 · answer #6 · answered by Anonymous · 1⤊ 0⤋
It is not mathematically possible to have more than 100% of anything. Statistics referring to percentages over 100% are used for comparison purposes (i.e. A percentage increase, etc...).
2007-01-08 13:43:57 · answer #7 · answered by evilim 5 · 0⤊ 1⤋
Of course, it is. All 100% of anything means is one full one of that, e.g. 100% of £3.45 ie £3.45.
200%, for example just means 2 of that, so double that, so 200% of £5 is double it, so £10.
To work it out quickly just type them into Google (e.g. 200% of £3) and it does it for you.
2007-01-08 13:44:20 · answer #8 · answered by ღ♥ღ latoya 4 · 0⤊ 0⤋
Yes, For example if my sales tripled from the year before, I would have had a 200% increase in sales.
2007-01-08 13:39:44 · answer #9 · answered by John 2 · 0⤊ 0⤋
Have more than 1 of something.
2007-01-08 13:37:02 · answer #10 · answered by Anonymous · 0⤊ 0⤋