What is 3% of 54000?
Understand the Problem
The question is asking us to find 3% of 54000. This requires calculating the percentage of a given number.
Answer
$1620$
Answer for screen readers
The final answer is $1620$.
Steps to Solve
-
Identify the Percentage Formula
To find a percentage of a number, use the formula:
$$ \text{Percentage of a number} = \left( \frac{\text{Percentage}}{100} \right) \times \text{Number} $$ -
Substitute the Values
Here, the percentage is 3% and the number is 54000. Substitute these values into the formula:
$$ \text{Result} = \left( \frac{3}{100} \right) \times 54000 $$ -
Calculate the Multiplication
First, divide 3 by 100:
$$ \frac{3}{100} = 0.03 $$
Now multiply it by 54000:
$$ \text{Result} = 0.03 \times 54000 $$ -
Perform the Final Calculation
Multiply the values:
$$ \text{Result} = 1620 $$
The final answer is $1620$.
More Information
Finding 3% of a number is a common task in various applications like calculating taxes, tips, and reductions. Knowing how to derive a percentage is useful in everyday math.
Tips
- Failing to convert the percentage to a decimal: Always remember to divide the percentage by 100 before using it in calculations.
- Incorrect multiplication: Ensure the multiplication is calculated correctly to avoid errors in the final result.
