What is 10% of 115,000?
Understand the Problem
The question is asking for 10% of the number 115,000. To solve this, we will calculate 10 divided by 100 and then multiply it by 115,000.
Answer
$11,500$
Answer for screen readers
The answer is $11,500$.
Steps to Solve
- Calculate 10% as a decimal
To find 10% of a number, you first convert the percentage to a decimal. This is done by dividing 10 by 100.
$$ \text{Decimal} = \frac{10}{100} = 0.10 $$
- Multiply by the number
Now that you have 10% as a decimal (0.10), multiply it by 115,000 to find the result.
$$ 10% \text{ of } 115,000 = 0.10 \times 115,000 $$
- Calculate the product
Next, perform the multiplication.
$$ 0.10 \times 115,000 = 11,500 $$
The answer is $11,500$.
More Information
Calculating a percentage is a common arithmetic skill used in many real-life applications, such as budgeting, finance, and statistics. Knowing how to convert percentages to decimals is particularly useful for various calculations.
Tips
- Confusing the process of division and multiplication. Remember, you convert the percentage to a decimal by dividing, and then you multiply by the number.
- Not placing the decimal in the correct position. Make sure to move the decimal point to the left for percentages that are less than 100%.