**To subtract a percentage, one starts by converting the percentage into its decimal equivalent and subtracting the result from one.** Multiplying the answer by the original figure gives the value after subtracting the percentage. For instance, to subtract a tax of 27 percent from base pay, one coverts the percentage to 0.27 or (27/100). Basic pay x (1 - 0.27) gives the pay after the tax deduction.

Alternatively, an employee may first calculate the actual tax (basic pay x 27/100) and then subtract it from the basic pay. If a buyer pays $7.61 for an item that was priced at $6.95, the applicable percentage sales tax (x) is calculated as follows: x = (7.61- 6.95)/ 6.95; x = 9.5 percent.

Mathematically, a percentage of any value means the value multiplied by the percentage in its decimal form. For example, 35 percent of 80 means 0.35 x 80. It’s also possible to calculate a percentage rate of a value if the actual fraction is known. For example, if x represents a percent of 20 that equals 30, the percent is calculated as follows: x = 100 x 30/20. One multiplies the rate by 100 to convert from the decimal to percentage form.