How much is 3% of $1000

Mathematics

ScanSolve AI Answer

Step-by-step solution

2 steps

To find 3% of $1000, we can convert the percentage to a decimal and then multiply.

  1. Convert the percentage to a decimal.

    3% = 3 / 100 = 0.03

  2. Multiply the decimal by the total amount.

    0.03 × 1000=1000 = 30

    The answer is $30.

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