What is 33 1/3 of 50000?
Understand the Problem
The question asks for the calculation of one-third of 50000, which is to find the value of 33 1/3 percent of 50000. This involves converting the fraction to a decimal and multiplying it by 50000.
Answer
$16666.5$
Answer for screen readers
The final answer is $16666.5$.
Steps to Solve
- Convert the fraction to a decimal
To find 33 1/3 percent, you first convert the fraction. Since 33 1/3 percent can be written as
$$ \frac{33.33}{100} $$
you can also express it as
$$ \frac{1}{3} $$
thus:
$$ 33 \frac{1}{3} % = \frac{1/3}{100} = 0.3333 $$
- Multiply by 50000
Once you have the decimal, the next step is to multiply it by 50000 to find the value:
$$ 0.3333 \times 50000 $$
- Calculate the final result
Now perform the multiplication:
$$ 0.3333 \times 50000 = 16666.5 $$
Thus, the value of 33 1/3 percent of 50000 is 16666.5.
The final answer is $16666.5$.
More Information
Finding one-third of a number can be useful in various real-life scenarios, such as calculating discounts, taxes, or shared expenses. Understanding percentages and fractions is essential for effective financial literacy.
Tips
- Miscalculating the percentage: Make sure to convert the percent to decimal correctly before multiplying.
- Forgetting to multiply by the total: Always remember to multiply the decimal by the total amount after conversion.