The term is conceptually identical to one "cent" being 11001 over 100 end-fraction of a dollar, thus 37 cents is 37 percent of a dollar. Deep Mathematical Meaning
The phrase emerged from per centum (16th century), and its usage was heavily refined by Italian merchants, who frequently used "per cento" for calculating taxes, interest, and discounts. per centum
"Percent" (one word) is standard American English, while "per cent" (two words) is more common in British English. How to Pronounce Percent - Deep English The term is conceptually identical to one "cent"
The core, simple formula for a percentage is simple formula for a percentage is