What is 20% of 220000?
Understand the Problem
The question is asking to calculate what 20% of 220,000 is, which is a straightforward percentage calculation.
Answer
$44,000$
Answer for screen readers
The final answer is $44,000$.
Steps to Solve
- Convert the percentage to a decimal To find 20% as a decimal, divide 20 by 100.
[ 0.20 = \frac{20}{100} ]
- Multiply the decimal by the total amount Next, multiply the decimal representation of 20% by 220,000 to find the value.
[ \text{Value} = 0.20 \times 220,000 ]
- Calculate the final value Now, perform the multiplication to find the final answer.
[ \text{Value} = 44,000 ]
The final answer is $44,000$.
More Information
Calculating percentages is a common task in everyday life, from budgeting to shopping discounts. Understanding how to convert percentages into decimals and then multiply them can help with various financial calculations.
Tips
- One common mistake is forgetting to convert the percentage into a decimal. Always remember to divide the percentage by 100.
- Another mistake is performing the multiplication incorrectly. Double-check the arithmetic to ensure accuracy.