Fractions are commonly used in the business application, you need the knowledge of math to learn the various concepts. The fraction and the percentages are interconvertible, you can understand the easy fractions like ½,¾ , ¼ etc.
In the form of the percentage these fractions are 50%, 75 % and 25%. But is can be difficult to convert the fractions into the percentage when you are using uncommon fractions like ⅜,4/9,⅘ etc.
These are quite difficult to understand and not easy to convert. The fraction calculator online makes it possible to convert a fraction into a percentage or the decimal. When you are adding the unequal fraction, you need the LCM of the unequal fraction.This can be difficult, but when using the adding fractions calculator. It can be easy to add the fraction.
How are fractions used in businesses?
Let’s consider, you are running a Fashion Boutique, you need to find how many of the boys and girls are visiting the fashion shop.Consider the data of a certain day the 49 consumers visited the shop and among them around 34 are girls consumers.You can convert the fraction into the decimals or percentage by the fractions calculator.It is all about the strategy and concluding a strategy. If you are able to draw an alternative then it is possible to conclude and you can draw a counter strategy . You are in a better position when having an analysis approach, and drawing conclusions on the basis of different data.
Solution:
Girls consumer %:
Total Number of consumers = 49
Girls consumers Visited =34
Now:
The % of the girls consumers
Girls consumer = (Girls consumers/ Total consumers)
Girls consumer = 34 /49
Girls consumers = 0.69
Or
Girls consumer = 69 %
The dividing fractions calculator can be used to convert the fraction into a percentage or the decimal. In this case 69 % of the consumers are girls,so you need to focus on the girls category. You can convert the fraction into the decimals or percentage by the fraction calculator.
The boys consumers:
The boys consumer are = 49 -34 = 15
The % of the boys consumers
Boys consumer = (boys consumers/ Total consumers)
Boys consumer = 15 /49
Boys consumers = 0.31
Or
Boys consumer = 31 %
It means more girls are coming to the business outlet as compared to the boys and you need to formulate the strategy according to this fractional analysis.
How to use to evaluate the business strategy:
The fractions calculator can analyze what are the boys and girls coming in the fashion store. Being a businessman you can use this data to draw a business strategy:
The business strategy can be drawn as follows:
- More than half of clients are girls and you need to invest more on the girls’ fashion and their fashion requirements.
- The female consumers are coming more in the fashion store.
- Girls are more conscious regarding their business needs and their fashion requirements.
- Boys are not as fashion conscious as compared to the girls
It is all the strategy and the counter strategy if you are using the fractions calculator, you can draw a counter strategy . You are in a better position when having an analysis approach, and drawing conclusions on the basis of different data.
Conclusion:
The fractional analysis can be good data to take the business decision and strategy.
This makes it possible to draw a conclusion and on the basis you can draw various alternative business decisions. The online support assists you in concluded alternative strategies.
The fractions are commonly used in assessing everything in the business.For example when you are sketching a map then it is necessary to do the fractional analysis of the various dimensions. This is essential to understand the fraction in its true sense.
