PercentLab

What is 10% of $20?

$2

Learn how to calculate 10% of $20 with our step-by-step guide and real-world US examples

Quick Answer

10% of $20 equals $2. To calculate this, we convert the percentage to a decimal (10 ÷ 100 = 0.1000) and multiply it by $20.

(10 ÷ 100) × $20 = $2.00

Visual Representation

18
10% ($2)
90% ($18)

The chart shows how $2 relates to the total $$20

Step-by-Step Calculation

  1. 1Convert the percentage to a decimal by dividing by 100: 10 ÷ 100 = 0.1000
  2. 2Multiply the decimal by the number: 0.1000 × 20 = 2.00
  3. 3Therefore, 10% of 20 is 2.00
Advertisement

Real-Life Examples

Shopping & Discounts: If a $20 item has a 10% discount, you save $2.00, paying $18.00.

Black Friday Sale: During Black Friday, a $20 product with 10% off costs $18.00 instead.

Tax Calculation: A 10% sales tax on $20 adds $2.00 to your bill, totaling $22.00.

Restaurant Tips: A 10% tip on a $20 bill is $2.00.

Understanding the Formula

The general formula for calculating what a percentage of a dollar amount equals is:

Result = (Percentage ÷ 100) × Dollar Amount

In this case, we're calculating 10% of $20:

  • First, divide the percentage by 100: 10 ÷ 100 = 0.1000
  • Then, multiply by the amount: 0.1000 × $20 = $2

This formula works for any percentage calculation. You can use our calculator above to try different values.

Calculate More Percentages Instantly

Use our full-featured percentage calculator for discounts, tips, taxes, and more with detailed step-by-step explanations

💰 Calculate My Savings