What is 3 percent of 42000?
Understand the Problem
The question is asking to find out what 3 percent of 42000 is, which involves calculating a percentage of a given number.
Answer
$1260$
Answer for screen readers
The answer is $1260$.
Steps to Solve
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Identify the percentage and the base number We need to find 3% of 42000. This means we are looking for $X$ where $X$ is 3% of 42000.
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Convert percentage to decimal To find the percentage, we convert 3% into decimal form. This is done by dividing by 100: $$ 3% = \frac{3}{100} = 0.03 $$
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Multiply the decimal by the base number Now we multiply the decimal by 42000 to find the percentage: $$ X = 0.03 \times 42000 $$
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Calculate the result Now perform the multiplication: $$ X = 0.03 \times 42000 = 1260 $$
The answer is $1260$.
More Information
Finding a percentage is common in finance, statistics, and everyday calculations. Percentages help us understand proportions and comparative values in various contexts.
Tips
- Failing to convert the percentage to decimal form before performing the multiplication. Always remember to divide the percentage by 100.
- Miscalculating the multiplication step, which can lead to incorrect answers. Always double-check your arithmetic.
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