What is 1.56% of 64000?

We need to find 1.56% of 64000.

The word "percent" means "per hundred" or "out of 100".

So 1.56% means 1.56 out of every 100.

To calculate with percentages, we first convert to a decimal.

Divide the percentage by 100:

1.56 ÷ 100 = 0.0156

This means 1.56% = 0.0156

Now multiply the decimal by the number:

0.0156 × 64000 = 998.4

So 1.56% of 64000 = 998.4

You can also think of it as a fraction:

1.56% of 64000 = (1.56/100) × 64000

= (1.56 × 64000) / 100

= 99840 / 100

= 998.4