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QuestionMathematics

Calculate 3% of 7000.
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Answer

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Step 1:
: To calculate 3% of 7000, we first need to understand that "3%" is another way of writing the fraction \frac{3}{100}.

This is because 3 parts out of 100 is equivalent to 3 hundredths or 0.03 in decimal form.

Step 2:
: Now, we can rewrite the problem as finding the product of the decimal equivalent of 3% and the number 7000:

Percentage of 7000 =Decimal form of 3% * 7000

Step 3:
: To find the decimal form of 3%, we divide 3 by 100:

Decimal form of 3% = $$\frac{3}{100}$$ = 0.03

Step 4:
: Substitute this decimal value back into our formula from Step 2:

Percentage of 7000 = 0.03 * 7000

Step 5:
: Finally, perform the multiplication:

Percentage of 7000 = 0.03 * 7000 = 210

Final Answer

3% of 7000 is 210.