Basically, my math textbook just gave me the formula without any explanation on about the "why"/intuition of the formula. Here's the text from the book:
• Order the data from smallest to largest.
• x = the number of data values counting from the bottom of the data list up to but not including the data value for which you want to find the percentile.
• y = the number of data values equal to the data value for which you want to find the percentile.
• n = the total number of data.
• Calculate $\frac{x + 0.5y} {n} (100)$. Then round to the nearest integer.