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# What is 30 percent of \$60?

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Thirty percent of \$60 is \$18. The mathematical equation used to solve this problem is: 0.30 x \$60 = N. An alternative method is to multiply 30 by \$60 and then divide the answer by 100. Thus, 30 x \$60 = \$1,800, and \$1,800 / 100 = \$18.

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Percentage problems consist of three values: the base, the rate or percent, and the percentage or amount. The base is the quantity from which a percentage is taken. In the given equation, \$60 is the base, while 30 is the rate or percent. The percentage or amount, which is what this particular example seeks to find, is \$18.

Percentage problems are often useful in determining the final price of an item on clearance after a certain price deduction. For example if a dress originally costs \$50 and is marked 30 percent off, the equation \$50 x 0.30 = \$15 lets the shopper know she can expect to pay \$15 less than usual for the dress, or \$35.

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## Related Questions

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