The 62.5% of residences in the country that are rentals if the total number of residence in the country is 144,000.
It is defined as the ratio of two numbers expressed in the fraction of 100 parts. It is the measure to compare two data, the % sign is used to express the percentage.
We are assuming:
Total number of residence in the country = 144,000
In which 900,00 residences are rentals.
Percentage of residences in the country that are rentals:
= (90000/144000)×100
= 0.625×100
= 62.5%
Thus, the 62.5% of residences in the country that are rentals if the total number of residence in the country is 144,000.
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