Question:

How much is 3% of $1600?

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How much is 3% of $1600?

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  1. Well, if 10% is $160 and 1% is $16.  

    3% would be 3 * 1% or $48.


  2. 3% means you have a total of three for every hundred you have.

    1600 is 16 x 100

    So multiply 3 x 16 and you get your answer:

    48

    You can also just multiply .03 x 1600

  3. $48

  4. .03 x 1600= 48

    48 dollars

  5. You can do this in your head in about 3 seconds.

    1% of 1600=16.00

    16X3=48.00
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