Proportion Mode (X is what % of Y?): Used when you know the part (X) and the whole (Y) and need to express the relationship as a percentage. The formula is (X ÷ Y) × 100. Examples include test scores (85 out of 100) or equity ownership.
Portion Mode (What is X% of Y?): Used when you need to calculate the actual quantitative value of a known percentage of a total. The formula is (X ÷ 100) × Y. Examples include calculating sales tax, retail discounts, or restaurant tips.
Rate of Change Mode (% Change from X to Y): Used to determine the relative percentage growth or contraction between a baseline starting value (X) and a new final value (Y). The formula is ((Y − X) ÷ |X|) × 100.