Step-by-step arithmetic breakdown
To calculate 50% of 60, convert the percentage into a decimal by dividing by 100, then multiply by the whole amount:
1. Convert percentage to fraction: 50 / 100 = 0.5000
2. Multiply by base number: 0.5000 × 60
3. Exact result: 30
Everyday real-world applications
- Retail & Discounts: If a product priced at $60 is discounted by 50%, your savings equal $30.
- Tax & Tips: A 50% service tip on a $60 restaurant bill equals exactly $30.
- Financial Yields: An investment yielding 50% on a principal of $60 produces $30 in interest.