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We already have our first value 1200 and the second value 24. Let's assume the unknown value is Y which answer we will find out.
As we have all the required values we need, Now we can put them in a simple mathematical formula as below:
STEP 1Y = 24/1200
STEP 2Y = 24/1200 × 100/100 = 2/100
STEP 3Y = 2
Finally, we have found the value of Y which is 2 and that is our answer.
You can use a calculator to find what percent of 1200 is 24, just enter 24 ÷ 1200 × 100 and you will get your answer which is 2
Here is a calculator to solve percentage calculations such as what percent of 1200 is 24. You can solve this type of calculation with your values by entering them into the calculator's fields, and click 'Calculate' to get the result and explanation.
Question: Your uncle had 1200 shares of his own company a few years earlier, and now he has 24 of them. What percent of the shares of his company he has now?
Answer: He has 2 percent of shares of his company now.
How To: The key words in this problem are "What Percent" because they let us know that it's the Percent that is missing. So the two numbers that it gives us must be the "Total" and the "Part" we have.
Part/Total = Percent
In this case, it's the Total that our uncle owned. So we put 1200 on the bottom of the fraction and 24 on top. Now we're ready to figure out the part we don't know; the Percent.
24/1200 = Percent
To find the percent, all we need to do is convert the fraction into its percent form by multiplying both top and bottom part by 100 and here is the way to figure out what the Percent is:
24/1200 × 100/100 = 2/100
2 = Percent
And that means he has 2 percent of the shares of his company now.
Step 1: Let's solve the equation for Y by first rewriting it as: 100% / 1200 = Y% / 24
Step 2: Drop the percentage marks to simplify your calculations: 100 / 1200 = Y / 24
Step 3: Multiply both sides by 24 to isolate Y on the right side of the equation: 24 ( 100 / 1200 ) = Y
Step 4: Computing the left side, we get: 2 = Y
This leaves us with our final answer: 2 percent of 1200 is 24