What is 20% of $150?
Learn how to calculate 20% of $150 with our step-by-step guide
Quick Answer
20% of $150 equals $30.00. To calculate this, we convert the percentage to a decimal (20 ÷ 100 = 0.2000) and multiply it by $150.
Visual Representation
The chart shows how $30.00 relates to the total $150
Step-by-Step Calculation
- 1Convert the percentage to a decimal by dividing by 100: 20 ÷ 100 = 0.2000
- 2Multiply the decimal by the dollar amount: 0.2000 × $150 = $30.00
- 3Therefore, 20% of $150 is $30.00
Real-Life US Examples
Black Friday Sale: If a $150 item has a 20% Black Friday discount, you save $30.00, paying only $120.00 for your purchase.
Restaurant Tip: A standard 20% tip on a $150 restaurant bill adds $30.00 to your total, making it $180.00.
Sales Tax: In some US states with 20% combined sales tax (like when combining state and local taxes), a $150 purchase would include $30.00 in taxes, totaling $180.00.
Frequently Asked Questions
What is 20% of $150?
20% of $150 equals $30.00. To calculate this, convert 20% to a decimal (0.20) and multiply by $150: 0.20 × $150 = $30.00.
How do I calculate 20% of $150?
To calculate 20% of $150: (1) Divide 20 by 100 to get 0.20, (2) Multiply 0.20 by $150 to get $30.00. The formula is: (20 ÷ 100) × $150 = $30.00.
What are common uses for calculating 20% of $150?
Common uses include: Black Friday discounts (20% off a $150 item saves $30), restaurant tips (20% tip on $150 is $30), and calculating down payments or savings goals.
Understanding the Formula
The general formula for calculating what a percentage of a dollar amount equals is:
In this case, we're calculating 20% of $150:
- First, divide the percentage by 100: 20 ÷ 100 = 0.2000
- Then, multiply by the dollar amount: 0.2000 × $150 = $30.00
This formula works for any percentage calculation with US dollars. You can use our calculator to try different values.
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