What is 7% of $245,000?

percent of anything is simple

that number times the percent number over 100

ex:

245000 * 7/100 = answer yeah!

$245000 x 7%
= $245000 x 7/100
= $2450 x 7
= $17150

100%<------>$245,000
1%<--------->$2,450
7%<--------->$17,150

if its a $ sign....then first make $ into Rs.

I dont know that rate is it today.

check it out at Google, the rate....convert it ..and find out the 7% of the same.

There's a formula I learned and it has served me well.

%/100 = is/of

Then insert what you know and using cross multiplication solve for what you don't know.

7/100 = x/245,000
100x = 7*245,000

now solve for x by dividing by 100 and you should have your answer!

good luck

17150.00
245000 x .01(1%)=2450
2450 x 7=17150.00

17150

= 7% of $245,000
= .07 x 245000
= 17150
= $17,150