what are the arguments with % in python code example

Example 1: python arguments

import sys

print ("the script has the name %s" % (sys.argv[0])

Example 2: program arguments python

#!/usr/bin/python

import sys

for args in sys.argv:
  print(args)

"""
If you were to call the program with subsequent arguments, the output 
will be of the following
Call:
python3 sys.py homie no

Output:
sys.py
homie
no
"""