Question

What is 0.8% of $4,900?

Answer 1

`0.008*$4,900=$39.2`

Explanation:

So, percents are essentially just a way to simplify the fraction of `x/100`. So `1%` means `1/100` out of something. In this case, `0.8%` means `0.8/100`, which is equal to `0.008` of `4900`.

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

`0.008*$4900=$39.2`

Hope that helps!