What is 20 percent of 500,000?
Understand the Problem
The question is asking for 20 percent of 500,000, which involves calculating a percentage of a given number.
Answer
100,000
Answer for screen readers
The final answer is 100,000
Steps to Solve
- Convert the percentage to a decimal
To calculate a percentage of a number, convert the percentage to a decimal by dividing by 100.
$$ 20% = \frac{20}{100} = 0.20 $$
- Multiply the decimal by the number
Multiply the decimal (0.20) by the given number (500,000) to find 20% of 500,000.
$$ 0.20 \times 500,000 = 100,000 $$
The final answer is 100,000
More Information
Percentages are commonly used to compare numbers and calculate parts of a whole.
Tips
A common mistake is forgetting to convert the percentage to a decimal before multiplication.
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