What is 0.55% of 1024000?
Calculate 0.55% of 1024000 with a complete step-by-step solution.
Answer:
0.55% of 1024000 = 5632
Step-by-Step Solution
Step 1
Understand the Problem
We need to find 0.55% of 1024000.
The word "percent" means "per hundred" or "out of 100".
So 0.55% means 0.55 out of every 100.
Step 2
Convert Percentage to Decimal
To calculate with percentages, we first convert to a decimal.
Divide the percentage by 100:
0.55 ÷ 100 = 0.0055
This means 0.55% = 0.0055
Step 3
Multiply to Find the Result
Now multiply the decimal by the number:
0.0055 × 1024000 = 5632
So 0.55% of 1024000 = 5632
Step 4
Alternative Method
You can also think of it as a fraction:
0.55% of 1024000 = (0.55/100) × 1024000
= (0.55 × 1024000) / 100
= 563200 / 100
= 5632