100000/100=1000
1 000 is 1 percent of 100 000
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In order to find the solution to this problem easily it is important to understand what a percentage really is.One Percent (1%) means 1 unit for every 100 units. Two percent means 2 for every 100.Realizing this, consider what 1% of 200 is. If for one block of 100, 1% is equal to 1, and we have two blocks of 100, then 1% of 200 must be equal to 2. We have multiplied the basic percentage by 2.Coming to the main problem here: What is 1% of 10 billion (1 000 000 000)? We can break 1 000 000 000 down into 10 000 000 blocks of 100.1% of 100 is 1Take 1 and multiply by 10 000 000 blocks of 100Since 10 000 000 multiplied by 1 is the same number, we get an answer of:10 000 000 as 1% of 1 000 000 000Basically, we divide by 100 in this circumstance, as 1% is our goal.Hopefully I've explained it so you can answer problems like this in the future.
1 000 000/100 = 10 00010 000 x 6 = 60 000
1 000 000 / 100 = 10 000
6% of R500 000 = R500 000*6/100 = R30 000
100, 000, 000 * 10, 000 = 1, 000, 000, 000