What is 60% of 500000?
Understand the Problem
The question is asking us to find out what 60% of 500,000 is, which requires a simple calculation involving multiplication.
Answer
$300,000$
Answer for screen readers
$300,000$
Steps to Solve
- Identify the Percentage to Decimal Conversion
To find 60% of 500,000, first convert the percentage into a decimal.
This is done by dividing the percentage by 100: $$ 0.60 = \frac{60}{100} $$
- Multiply the Decimal by the Total
Now that we have the decimal equivalent of 60%, we can multiply it by 500,000:
$$ 0.60 \times 500,000 $$
- Perform the Calculation
Calculating the multiplication gives us:
$$ 0.60 \times 500,000 = 300,000 $$
$300,000$
More Information
The result, $300,000$, represents 60% of 500,000. This calculation is useful in many real-world situations, such as determining discounts, taxes, or proportions.
Tips
- Forgetting to convert the percentage to a decimal before multiplication.
- Miscalculating during the multiplication step, especially with large numbers.
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