Another way to find 2% of 50,000
A useful alternate method is to find 1% first and then scale it by 2. This exposes the place-value step clearly and is easy to check with mental arithmetic.
- 1.1% of 50,000 = 50,000 ÷ 100 = 500.
- 2.Multiply 500 by 2.
- 3.500 × 2 = 1,000.