To find out what 20 percent of 120 is, we can use a simple mathematical formula. Percent means ‘per hundred,’ so to calculate 20 percent, we convert the percentage into a decimal by dividing by 100. This gives us:
20% = 20 ÷ 100 = 0.20
Next, to find 20 percent of 120, we multiply the decimal by the number:
0.20 × 120 = 24
Therefore, 20 percent of 120 is 24.
This calculation is useful in various real-life situations, such as finding discounts, calculating tips, or understanding percentages in financial contexts. For instance, if you were shopping and found an item that was originally priced at $120, a 20 percent discount would save you $24, bringing the final price down to $96.
In summary, whenever you need to determine a percentage of a number, just convert the percentage into a decimal and multiply by the total number. In this case, 20 percent of 120 equals 24!