What is 6 of 75000?
Understand the Problem
The question is asking to find the value of 6% of 75,000. This requires applying the percentage calculation by multiplying 75,000 by 0.06.
Answer
$4,500$
Answer for screen readers
The value of 6% of 75,000 is $4,500$.
Steps to Solve
- Convert the percentage to decimal form
To calculate 6% as a decimal, divide 6 by 100.
$$ 0.06 = \frac{6}{100} $$
- Multiply the decimal by the whole number
Next, multiply the decimal (0.06) by 75,000 to find 6% of 75,000.
$$ 6% \text{ of } 75,000 = 0.06 \times 75,000 $$
- Perform the multiplication
Now, calculate the result:
$$ 0.06 \times 75,000 = 4,500 $$
The value of 6% of 75,000 is $4,500$.
More Information
Calculating percentages is a common task in finance and everyday life. Understanding how to convert percentages into decimals and perform multiplication is essential for such calculations.
Tips
- Incorrectly converting the percentage: Always ensure to divide by 100 to convert a percentage into a decimal.
- Misplacing a decimal point: Double check the multiplication step to avoid errors in the result.