Total bill is $1046.00. One person pays $740.57, what percentage is that?

Percentage, which may also be referred to as percent, is a fraction of a number out of 100%. Percentage means "per one hundred" and denotes a piece of a total amount.

For example, 45% represents 45 out of 100, or 45 percent of the total amount

Percentage may also be referred to as "out of 100" or "for every 100."

For example, you could say either "it snowed 20 days out of every 100 days" or you could say "it snowed 20% of the time."