Fractions are usually used in business when it capitalizes or is based on the product

ion ofproducts. It shows how much of a certain material is present or needed to produce the
actual product. For example, a candy company uses sugar as the main ingredient for most of
their product, which sums up to ½ of the actual product. Fractions can also be used for
the testing of the quality of the product. We can say that it would be the grade of
the product. It is usually expressed in the scale of 1 to 10 over 10 or the scale of 1 to
100 over 100. For example, a test was conducted to test the quality of the candy of a certain
factory, and was graded 9 out of 10 or 9/10 by the FDA, which can also be expressed in
90/100.Bakeries and Factories are most likely to use this mathematical expression.

Decimals are usually used for the exact measure of something which is usually the amount of
money. For example, in a financial statement, the budget amount for a certain
aspect is expressed in an exact manner, which means it states the exact amount of money
like; the budget allotted for the use of vehicles for the delivery, and transportation is
15 560.75Php. In other words, decimals are often used for costing especially by a
business which is based on financing, where every amount of everything should be
exact to avoid miscalculations. Lending companies are most likely to use this mathematical
expression.

Percentage is usually used for the percentage of sales, investor’s percentage, percentage
increase, but it is most likely used for the amount of interest rate and in determining the profit
and the loss of the business. For example the interest rate of a lending company is
18% annually or others have a3% interest monthly. Another example, a certain business had
a rate of increase of 3% of their actual net worth this year or it had a 3% loss of their
actual net worth this year. Lending companies are most likely to be exposed in
this mathematical expression. Though fractions, decimals, percentage are used
more on a certain aspect of business, all of these can actually be used in almost
everything which involves measurement. Decimals can be used in
the testing of the product’s quality since in every experimentation involves
a hypothesis which means there is a standard critical value for creating surveys
about the product. Percentage can also be used for determining how much of a material
is needed for the material since fraction is simply a representation of decimal and
percentage. Decimals are also the same as a fraction. It is simply a representation
for a fraction and percentage. It's easier to say a bag of chips costs $0.99 than it
is to say it costs 99/100 of a dollar. John Napier, a Scottish mathematician, was the
person to suggest using decimals to represent fractions. He suggested that numbers to the left
of the decimal point should represent whole numbers and numbers to the right of the
decimal point should represent fractional numbers. The same idea can also be
applied on percentage which is another representation of fraction and decimal. If
the interest rate is 3% it can be expressed as fraction with a value of 3/100 and as a decimal
with the value of 0.03since these three expressions have a direct relationship with
each other. Having a fundamental knowledge of these three expressions would be
a strong foundation for those who are aspiring to have their own business