Its really easy calculate percentages if you always remember to divide by 100 and then multiply by the percentage you want . So for this example you do this
485000 / 100 = 4850
this number is now equal to 1% so multiply buy whatever you want
so 5% = 4850*5
5% = 24250
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180,000 x .40=72,000.
You can write one thousand five hundred eighty dollars as either $1,580 or one thousand five hundred eighty dollars.
380,000 = three hundred and eighty thousand
80% of $12,500= 80% * 12500= 0.8 * 12500= $10,000
$8,000.00