What is 12 of 20000?
Understand the Problem
The question is asking for the value of 12 percent of 20,000. To solve this, we would calculate 0.12 multiplied by 20,000.
Answer
$2400$
Answer for screen readers
The value of 12 percent of 20,000 is $2400$.
Steps to Solve
- Convert Percentage to Decimal
To find 12 percent, convert it into decimal form by dividing by 100: $$ 12% = \frac{12}{100} = 0.12 $$
- Multiply by the Total Amount
Next, multiply the decimal by the total amount of $20,000$: $$ 0.12 \times 20000 $$
- Calculate the Result
Perform the multiplication: $$ 0.12 \times 20000 = 2400 $$
The value of 12 percent of 20,000 is $2400$.
More Information
Finding a percentage of a number is a common calculation, often used in financial contexts such as calculating sales tax, discounts, or interest rates. Here, we simply converted the percentage to a decimal and performed multiplication.
Tips
- Forgetting to Convert to Decimal: Sometimes, users forget to convert the percentage into a decimal before multiplying.
- Incorrect Multiplication: Make sure to perform multiplication accurately to avoid miscalculating the final answer.
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