The formula to calculate the Thread Percentage (TP) is:
\[ TP = \frac{EL}{OL} \times 100 \]
Where:
Let's say the total engaged length is 15 mm and the total overall length is 20 mm. Using the formula:
\[ TP = \frac{15}{20} \times 100 \]
We get:
\[ TP = 75 \% \]
So, the thread percentage is 75%.