What is 30 percent of 1 million?
Understand the Problem
The question is asking for the calculation of 30 percent of 1 million. To solve this, we would multiply 1 million by 0.30 (which is the decimal representation of 30 percent).
Answer
$300,000$
Answer for screen readers
The final answer is $300,000$.
Steps to Solve
- Convert Percentage to Decimal
To find 30 percent in decimal form, divide 30 by 100.
So, $$ 0.30 = \frac{30}{100} $$
- Multiply by the Whole Number
Now, multiply the decimal by 1 million (1,000,000):
$$ 1,000,000 \times 0.30 $$
- Calculate the Result
Perform the multiplication:
$$ 1,000,000 \times 0.30 = 300,000 $$
The final answer is $300,000$.
More Information
Calculating percentages is a common task in various fields, including finance and statistics. Knowing how to convert percentages into decimal form and using them in calculations is essential for accuracy.
Tips
- A common mistake is forgetting to convert the percentage into decimal form before multiplying. Always ensure to divide the percentage by 100 first.
- Another mistake is misplacing the decimal which can lead to significant errors in calculating large numbers.
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