Step-by-step arithmetic breakdown
To calculate 60% of 50, convert the percentage into a decimal by dividing by 100, then multiply by the whole amount:
1. Convert percentage to fraction: 60 / 100 = 0.6000
2. Multiply by base number: 0.6000 × 50
3. Exact result: 30
Everyday real-world applications
- Retail & Discounts: If a product priced at $50 is discounted by 60%, your savings equal $30.
- Tax & Tips: A 60% service tip on a $50 restaurant bill equals exactly $30.
- Financial Yields: An investment yielding 60% on a principal of $50 produces $30 in interest.