What is 8 percent of 1040?
Answer: 83.2
Below you can find the procedure and formula used to arrive at the above answer.
Steps:
Lets assume 8 percent of 1040 is X.
Therefore, we can also say, X = 8% of 1040
8% can also be written as 8/100, because percent denotes a number per 100.
So, X = 8/100 × 1040
Or, X = 0.08 × 1040
So, X = 83.2
So, 8% of 1040 is 83.2
(You may also first multiply 8 with 1040, and then divide by 100 to find the answer, if that's easier for you.)
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Now that we have calculated the answer, lets verify it using the percentage formula.
Answer verification
Percentage = Value/Total Value × 100
LHS (Percentage) = 8
RHS = 83.2/1040 × 100
Or, RHS = 0.08 × 100
So, RHS = 8
We can see that LHS = RHS, hence it's proved.