Determining fifteen percent of eight hundred is a fundamental arithmetic operation involving percentage calculation. It requires multiplying eight hundred by fifteen hundredths (0.15). The result of this calculation represents a specific portion of the total value, in this instance, the portion being fifteen out of every one hundred units within eight hundred.
The ability to compute a percentage of a given number is a valuable skill applicable across various domains. In financial contexts, it is used to calculate interest rates, discounts, and profit margins. In statistical analysis, it aids in determining proportions and making comparisons. Historically, the concept of percentages has been instrumental in trade, taxation, and economic planning, providing a standardized method for representing proportional relationships.