What is 20% of 240,000?
Understand the Problem
The question is asking for 20% of 240,000. To solve this, we calculate 20% by multiplying 240,000 by 0.20.
Answer
$48,000$
Answer for screen readers
The answer is $48,000$.
Steps to Solve
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Convert Percentage to Decimal First, convert the percentage into a decimal for calculation. Since 20% as a decimal is $0.20$, we will use this in the next step.
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Multiply the Decimal by the Total Now, multiply the decimal by the total amount to find 20% of it. So we calculate:
$$ 20% \text{ of } 240,000 = 240,000 \times 0.20 $$
- Calculate the Final Value Perform the multiplication to get the final answer:
$$ 240,000 \times 0.20 = 48,000 $$
The answer is $48,000$.
More Information
Calculating percentages can be helpful in various real-life situations like determining discounts, commission, or tax amounts. In this case, finding 20% of $240,000 allows you to see what portion that percentage represents.
Tips
- Forgetting to convert the percentage to a decimal before multiplying. Always remember that to use a percentage in calculations, it must be converted (20% becomes 0.20).
