Step-by-step arithmetic breakdown
To calculate 30% of 1200, convert the percentage into a decimal by dividing by 100, then multiply by the whole amount:
1. Convert percentage to fraction: 30 / 100 = 0.3000
2. Multiply by base number: 0.3000 × 1200
3. Exact result: 360
Everyday real-world applications
- Retail & Discounts: If a product priced at $1200 is discounted by 30%, your savings equal $360.
- Tax & Tips: A 30% service tip on a $1200 restaurant bill equals exactly $360.
- Financial Yields: An investment yielding 30% on a principal of $1200 produces $360 in interest.