Percentage be found by multiplying first, so in this example the 50 would be multiplied by 100 to give 5,000, and this result would be divided by 1250 to give 4%. To calculate a percentage of a percentage, convert both percentages to fractions of 100, or to decimals, and multiply them. For example, 50% of 40% is: It is not correct to divide by 100 and use the percent sign at the same time. (E.g. , not , which actually is . A term such as would also be incorrect, this would be read as 1 percent even if the intent
Percentage rent if a tenant has a base rent of $1,000 per month, and a percentage rent of 5% of income on an annualized basis, then the natural breakpoint is (12 x 1,000) / 5% = $240,000. That means the tenant will pay only base rent until they have an annual income greater than $240,000, although they may agree to some other breakpoint value as part of the lease negotiation. If their income surpasses the breakpoint, the percent rent is only the portion that has not already paid. In this example, if the tenant were to have an annual income of $260,000,