The standard form is: 37,400,000
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374 million pairs of shoes were imported in 1978
5% of 374= 5% * 374= 0.05 * 374= 18.7
2.5% of 374 = 2.5% * 374 = 0.025 * 374 = 9.35
Two million, eighty-six thousand, three hundred seventy-four.
It is basically a convention for a standardized form.