No. 40 % is 40 parts out of 100. "Percent" is a phrase borrowed from Latin per centum, which means "per hundred".
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To find 40 percent of a number, multiply the number by 0.4. In this instance, 1000 x 0.4 = 400.Therefore, 40 percent of 1000 is 400.
52.5% = 0.525 = 525/1000 = 21/40
97.5% = 97.5/100 = 975/1000 = 39/40
40 x 1000 = 40000
2 percent of 1000 would be 20.