8 percent of 1200

Guri Bee

less than a minute read

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23-10-2024

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What is 8% of 1200? A Step-by-Step Guide

Finding percentages is a common mathematical task that pops up in various situations, from calculating discounts to understanding financial reports. In this article, we'll break down how to calculate 8% of 1200, along with some practical examples.

Understanding Percentages

A percentage is a way of representing a part of a whole as a fraction of 100. So, 8% means 8 out of every 100.

Calculating 8% of 1200

There are two common methods for calculating percentages:

1. Using a Calculator:

• Convert the percentage to a decimal: Divide 8 by 100, resulting in 0.08.
• Multiply the decimal by the number: 0.08 * 1200 = 96

2. Using the Fraction Method:

• Convert the percentage to a fraction: 8% is equivalent to 8/100.
• Multiply the fraction by the number: (8/100) * 1200 = 96

Therefore, 8% of 1200 is 96.

Practical Examples:

• Discounts: If a store offers an 8% discount on an item priced at $1200, the discount amount would be $96, and the final price would be $1104 ($1200 - $96).
• Sales Commissions: If a salesperson earns an 8% commission on a $1200 sale, their commission would be $96.
• Financial Growth: If an investment of $1200 grows by 8%, it would increase by $96, reaching a total of $1296.

Key Takeaways:

• Understanding percentages is crucial for everyday life, from shopping to financial planning.
• Calculating percentages can be done quickly and easily using a calculator or the fraction method.
• Percentages are versatile and can be applied to a wide range of situations.

Note: This article is based on information publicly available on GitHub. However, the code snippets have been paraphrased and explained for clarity. It is important to always refer to official documentation for the most up-to-date information.