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What is 2% of 35000?

Understand the Problem

The question is asking to find 2% of 35,000. To solve this, we will calculate 0.02 multiplied by 35,000.

Answer

$700$
Answer for screen readers

The answer is $700$.

Steps to Solve

  1. Set Up the Calculation of 2%

To find 2% of a number, we first convert the percentage to a decimal.

$$ 2% = \frac{2}{100} = 0.02 $$

So, we will multiply this decimal by 35,000.

  1. Perform the Multiplication

Now we need to multiply $0.02$ by $35,000$.

$$ 0.02 \times 35,000 = 700 $$

  1. Final Result

The result from the multiplication gives us the value we are looking for.

The answer is $700$.

More Information

Finding a percentage is a very useful skill in real-life applications, including finance for budgeting or calculating discounts.

Tips

  • A common mistake is forgetting to convert the percentage to a decimal before multiplication. Remember, $2%$ should be transformed into $0.02$ by dividing by 100.
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