3% of 40000
= 3% * 40000
= 0.03 * 40000
= 1200
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3 percent out of 100 percent = 0.03 x 100 percent = 3 percent
3 percent of 40000 percent = 12
3 percent percent of 892 is 0.2676
12/2 percent of 3 percent = 18%
Which percent is equivalent to 3