how important is it to know the meaning of percentage, rate and base? cite an example or situation where you can apply the percentage rate and base​

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Answer:

Percentages are important for understanding the financial aspects of everyday life. ... The symbol for percent is % and its similarity to /100 reminds us of its meaning. The Percentage is another way to write fractions with a denominator of 100.

Base numbers are the basis for our math system. Base numbers can mean the number of different numbers we use when expressing a digit in math. For example, when we use base-10, we use 10 numbers (digits 0-9) any time we show any number in math!

A rate is a ratio that compares quantities in different units. Rates are commonly found in everyday life. The prices in grocery stores and department stores are rates. Rates are also used in pricing gasoline, tickets to a movie or sporting event, in paying hourly wages and monthly fees.

Step-by-step explanation: