To calculate 12 percent of 40000, we can use the following formula:
Percent * Total = Amount
where “Percent” is the percentage we want to find, “Total” is the whole amount, and “Amount” is the result we are looking for.
Plugging in the values we have:
12% * 40000 = Amount
To calculate 12 percent of 40000, we can first convert the percentage to a decimal by dividing it by 100:
12 / 100 = 0.12
So, the formula becomes:
0.12 * 40000 = Amount
Multiplying 0.12 by 40000, we get:
4800 = Amount
Therefore, 12 percent of 40000 is 4800.
In summary, to calculate 12 percent of 40000, we multiply 0.12 (the decimal equivalent of 12 percent) by 40000 to get 4800.