What is the easiest way to understand what Percentile tell us about?

Question

I know how percentage work, but percentile? Had to look it up only to forget about it the next day.

In: 4

Answer 1

N% of the population is below the Nth percentile.

For example, the 50th percentile is the median.

Almost everyone (specifically 99 out of every 100) is below the 99th percentile.