Step-by-step arithmetic breakdown
To calculate 30% of 400, 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 × 400
3. Exact result: 120
Everyday real-world applications
- Retail & Discounts: If a product priced at $400 is discounted by 30%, your savings equal $120.
- Tax & Tips: A 30% service tip on a $400 restaurant bill equals exactly $120.
- Financial Yields: An investment yielding 30% on a principal of $400 produces $120 in interest.