1 Percent of 1250: Calculation and Explanation
What is 1 percent of 1250?
To find 1 percent of 1250, we need to multiply 1250 by 0.01.
Calculation:
1250 x 0.01 = 12.50
So, 1 percent of 1250 is 12.50.
Understanding Percentage:
A percentage is a way to express a value as a fraction of 100. It shows a part of a whole as a decimal multiplier. To calculate a percentage, you need to convert the percentage to a decimal by dividing by 100.
In this case, 1 percent is equal to 0.01 (1 ÷ 100 = 0.01). Therefore, to find 1 percent of 1250, we multiply 1250 by 0.01.
Real-World Applications:
Calculating percentages is essential in various real-world scenarios, such as:
- Finance: To calculate interest rates, investment returns, or discounts.
- Business: To determine profit margins, sales tax, or commission rates.
- Statistics: To understand data trends, growth rates, or error margins.
Conclusion:
In conclusion, 1 percent of 1250 is equal to 12.50. Understanding percentages is crucial in various aspects of life, and being able to calculate them accurately is an essential skill.