1,000,000 x .05 = 50,000
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It is one million dollars, as it appears in the question.
Thirty-one million
One million times one million equals one trillion. This is because when you multiply two numbers with six zeros each, you add the number of zeros together to get the total number of zeros in the product. In this case, one million has six zeros, and when multiplied by another one million with six zeros, the total number of zeros in the product is twelve, which represents one trillion.
1,000,000 is one million. 10% is same as 1/10 or 100,000--- remove one zero.
one percent of 300 million = 3 million 1% of 300000000= 1% * 300000000= 0.01 * 300000000= 3000000