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Formula and the calculation of the percentage: A percentage value is nothing but a fraction with a denominator of 100: 60% = 60 / 100 = 60 ÷ 100 To calculate a percentage of 60% of the number 400,000 is equivalent to multiplying them: 60% × 400,000 60% of 400,000 = 60% × 400,000 = 60 / 100 × 400,000 =
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