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What is 200 percent of 55000 Dollars

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Solution for 'What is 200% of 55000?'

In the following example consider that:

Solution Steps

The following question is of the type "How much X percent of W", where W is the whole amount and X is the percentage figure or rate".

Let's say that you need to find 200 percent of 55000. What are the steps?

Step 1: first determine the value of the whole amount. We assume that the whole amount is 55000.

Step 2: determine the percentage, which is 200.

Step 3: Convert the percentage 200% to its decimal form by dividing 200 into 100 to get the decimal number 2:

200100 = 2

Notice that dividing into 100 is the same as moving the decimal point two places to the left.

200.0 → 20.00 → 2.00

Step 4: Finally, find the portion by multiplying the decimal form, found in the previous step, by the whole amount:

2 x 55000 = 110000 (answer).

The steps above are expressed by the formula:

P = W × X%100

This formula says that:

"To find the portion or the part from the whole amount, multiply the whole by the percentage, then divide the result by 100".

The symbol % means the percentage expressed in a fraction or multiple of one hundred.

Replacing these values in the formula, we get:

P = 55000 × 200100 = 55000 × 2 = 110000 (answer)

Therefore, the answer is 110000 is 200 percent of 55000.

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