Discount Calculation: 0.1% Off of $12,000
Have you ever wondered how to calculate a discount percentage off a certain amount of money? In this article, we will go through the step-by-step process of calculating 0.1% off of $12,000.
What is 0.1% of $12,000?
To find 0.1% of $12,000, we need to convert the percentage to a decimal first. To do this, we can simply divide the percentage by 100.
0.1% = 0.1 ÷ 100 = 0.001
Now, we can multiply the decimal by the original amount of $12,000.
0.001 x $12,000 = $12
So, 0.1% of $12,000 is $12.
Discount Calculation
Now that we have found 0.1% of $12,000, we can calculate the discount.
Discount = $12,000 - $12 = $11,988
Therefore, 0.1% off of $12,000 is $11,988.
Conclusion
Calculating a discount percentage off a certain amount of money can be a simple process. By converting the percentage to a decimal and multiplying it by the original amount, we can find the discount amount. In this case, 0.1% off of $12,000 is $11,988.