What is 6 of 120000?
Understand the Problem
The question is asking us to find out what 6% of 120,000 is. This involves calculating a percentage of a given number.
Answer
$7,200$
Answer for screen readers
The answer is $7,200$.
Steps to Solve
- Convert the percentage to a decimal
To calculate 6% of 120,000, we first convert the percentage into a decimal. We do this by dividing by 100:
$$ 6% = \frac{6}{100} = 0.06 $$
- Multiply the decimal by the number
Now, we will multiply the decimal value we found by the given number (120,000):
$$ 0.06 \times 120,000 $$
- Calculate the result
Perform the multiplication:
$$ 0.06 \times 120,000 = 7,200 $$
The answer is $7,200$.
More Information
To find a percentage of a number, you convert the percentage into a decimal and then multiply by the number. Here, 6% of 120,000 is 7,200, which could represent something like a commission, a tax, or a reduction in price.
Tips
- Forgetting to divide the percentage by 100 to convert it to a decimal.
- Misplacing the decimal point in multiplication (e.g., using 60 instead of 0.06).
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