What is 0.8% of $4,900?

1 Answer

0.008*$4,900=$39.20.008$4,900=$39.2

Explanation:

So, percents are essentially just a way to simplify the fraction of x/100x100. So 1%1% means 1/1001100 out of something. In this case, 0.8%0.8% means 0.8/1000.8100, which is equal to 0.0080.008 of 49004900.

And, remember that the trigger word "of" means multiplication. Putting it all together

0.008*$4900=$39.20.008$4900=$39.2

Hope that helps!