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We calculate the percentage regularly and use it in our daily life as a way to appreciate someone’s efforts by saying things like he gave his 200 per cent in this project or assignment. but have you ever wondered where it came from? Where is it used? The traces of track backed to Ancient Rome. Its was first used by Roman Emperor Augustus as a tax on auction called Centesima Rerum Venalium. It translates to the hundredth of the value of everything that got sold. Simply said it means 1 per cent tax on everything sold at auction. As the use of money grew, the calculation based on the value hundred grew as well and it became universal
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