A percentage is a way to describe a part of a whole. Laura is saving 25% of her saving.
What are Percentages?
A percentage is a way to describe a part of a whole. such as the fraction ¼ can be described as 0.25 which is equal to 25%.
To convert a fraction to a percentage, convert the fraction to decimal form and then multiply by 100 with the '%' symbol.
Let the percentage saved by Laura be represented by x. Thus, the Amount saved by Laura can be written as,
x% of $24 = $6
x = ($6×100)/24
x = 25
Hence, Laura is saving 25% of her saving.
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