1/4 X 1/4 = 1/16 !!!!
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one quarter means 25% so 2,000 times .25 = 500 500 is one quarter of 2000
One percent would be one hundredth of an amount, or the amount times .01. One quarter of that would be the amount times .0025.
One quarter "of" something is, mathematically, one quarter "times" something - so you simply multiply 1/4 x 40.
15
24 times a 1 quarter is 6