Final answer:
Theoretical yield is the calculated yield using the balanced chemical reaction. Actual yield is what is actually obtained in a chemical reaction. Percent yield is a comparison of the actual yield with the theoretical yield.
Step-by-step explanation:
To compute the percent yield, it is first necessary to determine the theoretical yield, which is the maximum amount of product that could be formed from the given amounts of reactants. The theoretical yield is calculated based on the stoichiometry of the chemical equation. The actual yield, on the other hand, is what is actually obtained in a chemical reaction when it is carried out in the laboratory. The percent yield is then determined by calculating the ratio of the actual yield to the theoretical yield, multiplied by 100 to give a percentage.