What is 1.72% of 32000?
Calculate 1.72% of 32000 with a complete step-by-step solution.
Answer:
1.72% of 32000 = 550.4
Step-by-Step Solution
Step 1
Understand the Problem
We need to find 1.72% of 32000.
The word "percent" means "per hundred" or "out of 100".
So 1.72% means 1.72 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:
1.72 ÷ 100 = 0.0172
This means 1.72% = 0.0172
Step 3
Multiply to Find the Result
Now multiply the decimal by the number:
0.0172 × 32000 = 550.4
So 1.72% of 32000 = 550.4
Step 4
Alternative Method
You can also think of it as a fraction:
1.72% of 32000 = (1.72/100) × 32000
= (1.72 × 32000) / 100
= 55040 / 100
= 550.4