What is 240% of 1000?

We need to find 240% of 1000.

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

So 240% means 240 out of every 100.

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

Divide the percentage by 100:

This means 240% = 2.4

Now multiply the decimal by the number:

2.4 × 1000 = 2400

So 240% of 1000 = 2400

You can also think of it as a fraction:

240% of 1000 = (240/100) × 1000

= (240 × 1000) / 100

= 240000 / 100

= 2400