I want to multiply $2500 by 6% without converting 6% to a decimal of 0.06.
Here is my solution: 6% X $2500 = $15,000%; now divide $15,000% by 100% to cancel out the percent sign (%) sign in $15,000%. The answer is $15,000/100 = $150.00
I wanted to think of the percent sign as a unit of measure. It needs to cancel out so that only the dollar sign was with the $150.00.
I wasn't sure whether to divide by 100% or multiply by (1/100)%.
1. Is this calculation mathematically correct?
2. Which is correct dividing by 100% or multiplying by (1/100)% or are both correct?
I know that this is a unconventional method, but I was curious to know whether or not the calculation is correct.
I thank you for your helpful comments.
Here is my solution: 6% X $2500 = $15,000%; now divide $15,000% by 100% to cancel out the percent sign (%) sign in $15,000%. The answer is $15,000/100 = $150.00
I wanted to think of the percent sign as a unit of measure. It needs to cancel out so that only the dollar sign was with the $150.00.
I wasn't sure whether to divide by 100% or multiply by (1/100)%.
1. Is this calculation mathematically correct?
2. Which is correct dividing by 100% or multiplying by (1/100)% or are both correct?
I know that this is a unconventional method, but I was curious to know whether or not the calculation is correct.
I thank you for your helpful comments.