<HTML><BODY style="word-wrap: break-word; -khtml-nbsp-mode: space; -khtml-line-break: after-white-space; "><DIV>Incorrect.</DIV><DIV><BR class="khtml-block-placeholder"></DIV><DIV>0.15 is NOT 15% of 4,000</DIV><DIV><BR class="khtml-block-placeholder"></DIV><DIV>That's why I gave you the more complete expression for percent, which is:</DIV><DIV><BR class="khtml-block-placeholder"></DIV><DIV>(a/100)* b "b" is the value for which you want to calculate percent "a/100" expresses the proportion of b which you seek.</DIV><DIV><BR class="khtml-block-placeholder"></DIV><DIV>nk</DIV><DIV><BR class="khtml-block-placeholder"></DIV><DIV><BR class="khtml-block-placeholder"></DIV><BR><DIV><DIV>On Nov 28, 2005, at 5:14 AM, Kuestner, Bjoern wrote:</DIV><BR class="Apple-interchange-newline"><BLOCKQUOTE type="cite"><P style="margin: 0.0px 0.0px 0.0px 0.0px; font: 12.0px Gill Sans; min-height: 14.0px"><BR></P> <P style="margin: 0.0px 0.0px 0.0px 0.0px"><FONT face="Gill Sans" size="3" style="font: 12.0px Gill Sans">But it is wrong to say that "15% is *not* always 0.15".</FONT></P> </BLOCKQUOTE></DIV><BR></BODY></HTML>