Math and Arithmetic
Mathematical Finance
Percentages, Fractions, and Decimal Values

# What is 20 percent of twelve thousand one hundred dollars?

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###### 2014-07-15 00:21:16

I never saw much point in giving the answer to a mathematical question if the person didn't explain how to get to that answer.

With calculators today many mathematical equations are easy to figure, but I am a strong believer in the person understanding the formula and how it works, not just typing numbers into a calculator and magically getting an answer.

The question is what is 20% of \$12,100. First we must change the percentage to a decimal, this is easily done by moving the decimal place to spaces to the left (the % represents the decimal). Therefore it gives us .20

Then simply multiply \$12,100 x .20

12,100 x .20 = 2,420

Since we know we are dealing in dollars the answer is \$2,420

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## Related Questions

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