What is 3 of 375000?
Understand the Problem
The question is asking to find 3% of the number 375,000. This involves multiplying 375,000 by 0.03 to find the result.
Answer
The answer is $11,250$.
Answer for screen readers
The final answer is $11,250$.
Steps to Solve
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Convert Percentage to Decimal
To find 3% of a number, first convert the percentage into a decimal.
This means dividing by 100:
$$ 3% = \frac{3}{100} = 0.03 $$ -
Multiply by the Number
Now, multiply the decimal by the number you want to find the percentage of.
We will calculate:
$$ 0.03 \times 375,000 $$ -
Perform the Multiplication
Next, we carry out the multiplication:
$$ 0.03 \times 375,000 = 11,250 $$
The final answer is $11,250$.
More Information
Finding a percentage of a large number is commonly used in real-life situations, such as calculating taxes, discounts, or interest. In this case, 3% of 375,000 equals $11,250$.
Tips
- Forgetting to convert the percentage into a decimal form. To avoid this, always remember to divide the percentage by 100 before multiplying.