What is 10 percent of 70000?
Understand the Problem
The question is asking for a mathematical calculation to find what 10 percent of 70,000 is. This involves multiplying 70,000 by 0.10.
Answer
7,000
Answer for screen readers
The final answer is 7,000
Steps to Solve
- Convert percentage to decimal
10 percent can be written as a decimal by dividing by 100, so 10% becomes 0.10.
- Multiply the decimal by the number
To find 10% of 70,000, multiply 70,000 by 0.10.
$$70,000 imes 0.10 = 7,000$$
The final answer is 7,000
More Information
Percent calculations are useful in many areas such as finance, statistics, and general arithmetic.
Tips
A common mistake is to forget to convert the percentage to a decimal before performing the multiplication. Always divide the percentage by 100 first.
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