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

  1. Convert Percentage to Decimal
    To find 3% of a number, first convert the percentage into a decimal.
    This means dividing by 100:
    $$ 3% = \frac{3}{100} = 0.03 $$

  2. Multiply by the Number
    Now, multiply the decimal by the number you want to find the percentage of.
    We will calculate:
    $$ 0.03 \times 375,000 $$

  3. 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.
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