Calculation: 0.15% of 2400
What is 0.15% of 2400?
To find 0.15% of 2400, we can use the following formula:
(0.15/100) x 2400
First, let's convert the percentage into a decimal by dividing by 100:
0.15 ÷ 100 = 0.0015
Now, we can multiply 2400 by this decimal to get:
2400 x 0.0015 = 36
So, 0.15% of 2400 is 36.
Why Calculate Percentages?
Calculating percentages is an essential skill in various aspects of life, such as finance, business, and math. Percentages help us understand the ratio of a part to the whole, and they can be used to describe changes, rates, and proportions.
In this example, we calculated 0.15% of 2400, which can be useful in various scenarios, such as:
- Discount calculation: If you get a 0.15% discount on a purchase of 2400, you can calculate the discount amount as 36.
- Interest calculation: If you have a savings account with an interest rate of 0.15%, and you have a balance of 2400, the interest earned would be 36.
Conclusion
Calculating percentages can be simple and straightforward when you understand the concept. In this example, we showed how to calculate 0.15% of 2400, which is equal to 36. Remember to use the formula (percentage/100) x number to calculate any percentage of a given value.
