60,000 is 20 Percent of What?
Calculating a percentage of a number can be a useful skill to know. In this case, the task is to figure out what number is 20 percent of 60,000. To do this, you need to divide 60,000 by 100 and then multiply that answer by 20. The result would be 12,000. This means that 12,000 is 20 percent of 60,000.
It’s also possible to solve this problem using the formula: x = y% ÷ 100 × z. In this equation, x equals the answer (the number you are trying to find), y equals the percentage (20 percent in this example), and z equals the whole (60,000 in this example). Using this formula would yield the same result as before: 12,000 is 20 percent of 60,000.
Knowing how to calculate percentages can be helpful for many tasks in life such as budgeting or figuring out how much money you will need for taxes. It’s also useful for understanding sales or discounts at stores. Being able to calculate a percentage can help you make informed decisions about your finances or other important matters.