What is 3.5 percent of 150000?
Understand the Problem
The question is asking us to calculate what 3.5 percent of 150,000 is. To solve this, we will convert the percentage into a decimal and then multiply it by 150,000.
Answer
$5,250$
Answer for screen readers
The answer is $5,250$.
Steps to Solve
- Convert Percentage to Decimal
To convert the percentage to a decimal, divide the percentage by 100.
$$ 3.5% = \frac{3.5}{100} = 0.035 $$
- Multiply by Total Amount
Now, multiply the decimal by the total amount (150,000) to find the value.
$$ 0.035 \times 150,000 $$
- Calculate the Final Value
Perform the multiplication:
$$ 0.035 \times 150,000 = 5,250 $$
The answer is $5,250$.
More Information
This means that 3.5 percent of 150,000 is $5,250$. Understanding how to convert percentages into decimals is essential in calculating proportions effectively.
Tips
- Forgetting to convert the percentage to a decimal before multiplying. Always ensure to divide by 100 first to avoid calculation errors.
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