1 percent of 100000
Understand the Problem
The question is asking to calculate what 1 percent of 100,000 is. This involves using the formula for percentage, which is (percentage/100) * total.
Answer
1000
Answer for screen readers
The final answer is 1000
Steps to Solve
- Identify the formula for percentage calculation
The formula to calculate a percentage of a number is:
$$\text{Percentage} = \left( \frac{\text{part}}{100} \right) \times \text{whole}$$
In this case, "part" is 1, and "whole" is 100,000.
- Plug in the values
Substitute 1 for the part and 100,000 for the whole:
$$\text{Percentage} = \left( \frac{1}{100} \right) \times 100,000$$
- Perform the calculation
Now, calculate the expression on the right side:
$$\text{Percentage} = \left( \frac{1}{100} \right) \times 100,000 = 1000$$
The final answer is 1000
More Information
One fun fact here is that finding 1 percent of any number is equivalent to dividing that number by 100. So in this case, 100000 divided by 100 gives you 1000.
Tips
A common mistake is to confuse the percentage calculation, sometimes people multiply directly by the percentage instead of dividing by 100 first.
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