If you want to pass the % as part of your function you should use the following alternative:
<script>
function fpercentStr(quantity, percentString)
{
var percent = new Number(percentString.replace("%", ""));
return fpercent(quantity, percent);
}
function fpercent(quantity, percent)
{
return quantity * percent / 100;
}
document.write("test 1: " + fpercent(10000, 35.873))
document.write("test 2: " + fpercentStr(10000, "35.873%"))
</script>