$54,000,000 is what percent of $90,000,000?

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Understand the Problem

$54,000,000 is being compared to $90,000,000 to determine what percentage it represents. We will calculate this by dividing $54,000,000 by $90,000,000 and then multiplying the result by 100.

Answer

$60\%$
Answer for screen readers

$54,000,000$ is $60%$ of $90,000,000$.

Steps to Solve

  1. Set up the problem

To find what percentage $54,000,000 is of $90,000,000, we need to use the formula: $$ \text{Percentage} = \left( \frac{\text{Part}}{\text{Whole}} \right) \times 100 $$

Here, the "Part" is $54,000,000 and the "Whole" is $90,000,000.

  1. Substitute the values into the formula

Substitute the values into the percentage formula: $$ \text{Percentage} = \left( \frac{54,000,000}{90,000,000} \right) \times 100 $$

  1. Calculate the fraction

Simplifying the fraction: $$ \frac{54,000,000}{90,000,000} = \frac{54}{90} = 0.6 $$

  1. Multiply by 100 to get the percentage

Now, multiply the result by 100: $$ 0.6 \times 100 = 60 $$

  1. State the final result

Thus, $54,000,000 is 60% of $90,000,000.

$54,000,000$ is $60%$ of $90,000,000$.

More Information

When calculating percentages, the formula helps to clarify the relationship between the part and the whole, making it easier to understand proportions in financial contexts. In this case, $54,000,000$ represents a significant portion of $90,000,000$, reflecting a solid percentage.

Tips

  • Forgetting to multiply by 100 after calculating the fraction.
  • Misplacing a decimal point when performing calculations.
  • Not simplifying the fraction before calculating.

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