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Three percent, written 3%, means 3 out of every 100. It can also be called three-hundredths.

Now one hundredth of 39,000 is easily found by dropping off a couple of noughts, thus producing the number 390

So one hundredth of $39000 is $390, but we need 3 of those hundredths, which gives £390 x 3 = £1170

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13y ago

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