What is 3.5 percent of 275000?
Understand the Problem
The question is asking for the calculation of 3.5 percent of 275,000. To solve this, we will calculate it by multiplying 275,000 by 3.5 and then dividing the result by 100.
Answer
$9,625$
Answer for screen readers
The answer is $9,625$.
Steps to Solve
- Convert the percentage to a decimal
To calculate 3.5 percent, we need to convert it into a decimal by dividing it by 100.
$$ 3.5% = \frac{3.5}{100} = 0.035 $$
- Multiply the decimal by the total amount
Now that we have the decimal, we will multiply it by 275,000 to find out what 3.5% of 275,000 is.
$$ 0.035 \times 275,000 $$
- Calculate the result
Perform the multiplication:
$$ 0.035 \times 275,000 = 9,625 $$
The answer is $9,625$.
More Information
This calculation shows that 3.5% of 275,000 is $9,625$. Understanding how to convert percentages to decimals is crucial for similar calculations.
Tips
- Forgetting to convert the percentage to a decimal before multiplication.
- Misplacing the decimal point after multiplication leading to inaccurate results.
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