What is 8.75% of 64000?
Calculate 8.75% of 64000 with a complete step-by-step solution.
Answer:
8.75% of 64000 = 5600
Step-by-Step Solution
Step 1
Understand the Problem
We need to find 8.75% of 64000.
The word "percent" means "per hundred" or "out of 100".
So 8.75% means 8.75 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:
8.75 ÷ 100 = 0.0875
This means 8.75% = 0.0875
Step 3
Multiply to Find the Result
Now multiply the decimal by the number:
0.0875 × 64000 = 5600
So 8.75% of 64000 = 5600
Step 4
Alternative Method
You can also think of it as a fraction:
8.75% of 64000 = (8.75/100) × 64000
= (8.75 × 64000) / 100
= 560000 / 100
= 5600