.002 is what percent
When dealing with decimals and percentages, it's essential to understand how to convert between these two formats. In this article, we'll explore how to convert the decimal value .002 to a percentage.
What is a percentage?
A percentage is a way to express a value as a fraction of 100. It represents a proportion of the whole, with 100% being the whole amount. Percentages are often used to show ratios, increases, or decreases.
Converting .002 to a percentage
To convert the decimal value .002 to a percentage, we can multiply it by 100.
.002 × 100 = 0.2%
So, .002 is equal to 0.2%.
Real-world applications
Converting decimals to percentages is useful in various real-world scenarios, such as:
- Finance: Understanding interest rates, investment returns, and discounts as percentages.
- Statistics: Expressing probabilities, margins of error, and confidence intervals as percentages.
- Science: Representing ratios, proportions, and concentrations as percentages.
Conclusion
In conclusion, .002 is equivalent to 0.2%. Understanding how to convert decimals to percentages is a valuable skill in various fields. By multiplying the decimal value by 100, we can easily convert it to a percentage.
