Hi,
Carat (ct) or Karat (Kt) [in the States and Canada it is Karat] is:
X = 24 * Xg / Xm
X = the Karat value.
Xg = the mass of the pure gold.
Xm = the total mass.
According to that equation 24 Carat (Karat) is 100% pure (in fact 99.99%). The reaso we use this term is simple convinience: In this way we can talk in simle small numbers: 12, 14, 18, 24..... rather than saying 75% pure we say 18 karat.
Best regards,