What percent of $800,000 is $200,000?

Understand the Problem

The question is asking to find what percentage of $800,000 equals $200,000. To solve this, we can use the formula: (part/whole) * 100 = percentage.

Answer

$25$

Steps to Solve

Identify the problem components

We are given a part ($200,000$) and a whole ($800,000$). We need to find the percentage that $200,000$ is of $800,000$.

Set up the percentage formula

Using the formula for percentage:

$$(\text{part} / \text{whole}) \times 100 = \text{percentage}$$

we can substitute the values:

$$(200,000 / 800,000) \times 100$$

Calculate the fraction

First, divide $200,000$ by $800,000$:

$$ \frac{200,000}{800,000} = 0.25 $$

Convert to percentage

Now, multiply by $100$ to find the percentage:

$$ 0.25 \times 100 = 25 $$

This means $200,000$ is $25%$ of $800,000$.

The answer is $25$.

More Information

In finance and budgeting, knowing what percentage a certain amount represents can help make informed decisions, such as evaluating expenses or savings. Here, $200,000$ represents $25%$ of $800,000$, which is a common scenario in financial analysis.

Tips

Forgetting to multiply by $100$ after dividing the part by the whole.
Misplacing the decimal when calculating the fraction, which can lead to incorrect percentages.

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