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What is mathematical basis for the percent symbol (%)?

Where does the % symbol originate from?

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See this question – Henning Makholm Nov 3 '11 at 18:43

marked as duplicate by Henning Makholm, t.b., Ｊ. M., leonbloy, Asaf Karagila Nov 4 '11 at 11:02

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This is has a decent explanation.

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with a decent warning ...This section's factual accuracy is disputed... – user13838 Nov 4 '11 at 3:36

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