Dear Shantilata,
entile is calculated by taking the product of your marks x 100 and divide this product by the highest mark obtained by the top ranker.This is how you calculate your percentile based on the marks.50th percentile means that your rank is in top 50% of total candidates. This is subject to variation since none of us know how much will be the highest marks.
All the best !
Percentile tells how many students have scored less than you on a give test, whereas a percentage says how much you have performed if the test was of 100 marks.
e.g. If you are in a class of 100, scoring 90 percentile means that 90 students have scored less than you and 90%(percentage) means that you scored 90/100(if it was of 100 marks).
Hope it helps.
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