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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

  1. 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: $$ 0.60 = \frac{60}{100} $$

  1. Multiply the Decimal by the Total

Now that we have the decimal equivalent of 60%, we can multiply it by 500,000:

$$ 0.60 \times 500,000 $$

  1. 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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