How to Calculate 2% of 1,000 (Two Percent of One Thousand)

When we talk about percentages, we are referring to parts per hundred. So, 2% means 2 out of every 100 parts. To find 2% of any number, we use a simple multiplication method. Here’s how you can do it. A percentage is a way to express a number as a fraction of 100. Percent means per hundred, so 2% means 2 out of 100. Convert Percent to Decimal To calculate percentages, convert the percent into a decimal. For 2%, you move the decimal point two places to the left. Thus, 2% becomes 0.02. Take the number you want to find 2% of, in this case, 1000, and multiply it by 0.02. Calculation: 1000 x 0.02 = 20 Therefore, 2% of 1000 is 20. Visual Aid Imagine a big square divided into 1000 smaller squares. If you color 20 of these squares, you are showing what 2% of the total grid looks like. You can follow these steps to find 2% of any number, not just 1000.