What is the equivalent of 6 percent of 8?

Mathematics utilizes percentages as numerical representations or ratios that signify a portion out of 100.

Fox example, 12 percent of 24 is decimal value 2.88 or the fraction 24 * 12 / 100

6 percent of 8 is equal to 0.48

Steps for calculating percentage of two numbers:

Lets dive into the topic of percentages and guide you step-by-step on how to find 6% of 8.

  • Step 1: Understand the Concept of Percentages : Before we delve into finding 6% of 8, it's crucial to grasp the concept of percentages. In mathematics, a percentage is a representation of a number or ratio relative to 100.
  • Step 2: Express the Percentage as a Decimal or Fraction :To find 6% of 8, we need to convert the percentage to either a decimal or a fraction. In this case, 6% can be expressed as 0.16666666666666666 in decimal form or 1/6 in fractional form. Both forms are commonly used, so feel free to choose the one you find more comfortable working with.
  • Step 3: Multiply the Percentage by the Number : Now that we have the decimal or fractional representation of 6%, we multiply it by the number we want to find the percentage of, which is 8 in this example. Let's calculate:
  • Step 4: Interpret the Result : After performing the multiplication, we find that 6% of 8 is equal to 1.3333333333333333. This means that if we take 6 of the quantity 8, the result will be 1.3333333333333333.

Example real world application:

Let's say you are dining at a restaurant, and the total bill amounts to $4. You want to calculate a 6% tip for the exceptional service you received. By using the steps we discussed, you can determine the tip amount as follows:

6% of $4 = 0.16666666666666666 * 4 = $0.6666666666666666

So, a 6% tip on a $4 bill would amount to $0.6666666666666666. You can apply this method to calculate tips, discounts, or any scenario involving percentages.

0.16666666666666666 * 4 = 0.6666666666666666

or

(1/6) * 4 = 0.6666666666666666

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Few Practice questions

What is 1.5% of 2?






If a store offers a 12% discount on a $24 item, what is the discounted price?






A bookstore offers a 6% discount on all books. If the original price of a book is $2.6666666666666665, what is the discounted price?






Real world examples :

Example 1:While browsing online, Sarah comes across a store offering a 3 percent discount on all clothing items. Excited about the offer, she selects a stylish dress priced at $80. She knows that 3 percent as a decimal is 0.03.

So, she multiplies 0.03 by $80 to find that she will save $2.4 on her purchase. Delighted with her savvy shopping skills, Sarah proceeds to checkout to pay $77.6 and get her new dress and a smile on her face.

Example 2:John, an entrepreneur has been presented with two investment opportunities, each requiring an initial capital of $8000.

To make an informed decision, he decides to compare the potential returns on investment for both options. John determines that one opportunity is projected to yield a 16% return on investment annually, while the other is expected to deliver a 26% return.

Utilizing percentages, John calculates the potential returns for both options. For the first opportunity, he multiplies 0.16 (16 percent as a decimal) by $8000, finding the return to be $1280.

For the second opportunity, he multiplies 0.26 (26 percent as a decimal) by $8000, discovering the return to be $2080.

Using these insights, John can now make an informed decision.

Other Percentage calculations :
6 percent of 8  - 3 steps to do percentage calculation.