0.5 Percent of 75,000: A Simple Calculation
When dealing with percentages, it's essential to understand how to calculate them accurately. In this article, we'll focus on finding 0.5 percent of 75,000.
What does 0.5 percent mean?
Before we dive into the calculation, let's quickly understand what 0.5 percent means. In simple terms, 0.5 percent is equivalent to 1/200 or 0.005 as a decimal.
The Calculation
To find 0.5 percent of 75,000, we can use the following formula:
0.5% of 75,000 = (0.5/100) × 75,000
First, let's convert the percentage to a decimal by dividing by 100:
0.5 ÷ 100 = 0.005
Now, multiply the decimal by 75,000:
0.005 × 75,000 = 375
The Result
Therefore, 0.5 percent of 75,000 is equal to 375.
Conclusion
Calculating percentages can be a breeze when you understand the concept. In this article, we've demonstrated how to find 0.5 percent of 75,000, which equals 375. Remember to convert the percentage to a decimal and multiply it by the given number to get the correct answer.
