What is one percent of 10 Billion?

Answer 1

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 1

Take 1 and multiply by 10 000 000 blocks of 100

Since 10 000 000 multiplied by 1 is the same number, we get an answer of:

10 000 000 as 1% of 1 000 000 000

Basically, 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.