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What is 2 Percent of 60000?
What is 2 Percent of 60000? - 2% of 60000 equals 1,200. To learn how to calculate 2 percent of 60000, see the step by step instructions below.
How to calculate 2 percent of 60000
Formula = |
Percent 100 |
x Number |
= |
2 100 |
x 60000 |
= 1,200 |
Following shows the steps on how to derive this formula
Step 1: If 60000 is 100%, then what is 2% of 60000? Setup the equation.
Step 2: Solve for Y
Using cross multiplication of two fractions, we get
100Y = 2 x 60000
100Y = 120000
What is 2% of $60000?
2% of $60000 is $1,200.
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