What is 80% of 500000?

Understand the Problem

The question is asking to find what 80% of 500,000 is. This can be calculated by multiplying 500,000 by 0.80.

Answer

$400,000$
Answer for screen readers

The answer is $400,000$.

Steps to Solve

  1. Convert the percentage to a decimal

To find 80%, we convert it to a decimal by dividing by 100.

$$ 80% = \frac{80}{100} = 0.80 $$

  1. Multiply the decimal by the total amount

Now, multiply 0.80 by 500,000 to find 80% of that amount.

$$ 80% \text{ of } 500,000 = 0.80 \times 500,000 $$

  1. Calculate the final result

Perform the multiplication to find the answer.

$$ 0.80 \times 500,000 = 400,000 $$

The answer is $400,000$.

More Information

Finding a percentage is a useful skill used in finance, business, and everyday situations. Understanding how to calculate what a certain percentage of a number represents can help you make informed decisions.

Tips

  • Forgetting to convert the percentage: A common mistake is forgetting to convert the percentage to a decimal before multiplying. Always remember to do this step.
  • Multiplying incorrectly: Ensure your multiplication is accurate to avoid errors. Using a calculator can help verify your answer.

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