if 120 percent is £48, what is 100 percent
48 = 120%48/120 = 1%48/12 = 0.40.4 = 1%1% x 100 = 100%0.4 x 100 = 40100% would be £40. :)
If 120% is 48 poundsThen 100% is X X = 100 x 48 / 120 = 40 pounds
100% = 40pounds