0.025 of 100: Understanding the Concept of Percentage
What is 0.025 of 100?
0.025 of 100 is a mathematical expression that represents a percentage of a whole. In this case, 0.025 is a decimal value that represents 2.5% of 100.
What does 2.5% mean?
In percentage, the "%" sign represents "per hundred". So, 2.5% is equivalent to 2.5 per hundred or 2.5/100.
Calculating 0.025 of 100
To calculate 0.025 of 100, you can multiply 100 by 0.025.
100 x 0.025 = 2.5
So, 0.025 of 100 is equal to 2.5.
Real-life Examples of 0.025 of 100
Here are some real-life examples of 0.025 of 100:
- Discount: If a product is on sale with a 2.5% discount, and the original price is $100, then the discount amount would be $2.50 (2.5% of $100).
- Interest Rate: If you deposit $100 into a savings account with an annual interest rate of 2.5%, then you would earn $2.50 in interest per year (2.5% of $100).
- Tax: If you need to pay 2.5% tax on a $100 purchase, then you would need to pay $2.50 in tax (2.5% of $100).
In conclusion, 0.025 of 100 represents 2.5% of a whole, and it can be calculated by multiplying 100 by 0.025. This concept is commonly used in various aspects of everyday life, such as discounts, interest rates, and taxes.
