What is 2% of 60?
Use our percentage calculator to easily find what 2 percent of 60 is. Calculate percentages fast with this simple percent calculator tool.
Result
1.2
2% of 60 = 1.2
Mathematical Formula
Detailed Explanation
Step 1: Understanding Percentages
2% means 2 parts out of 100. To convert a percentage to a decimal, we divide by 100: 2% = 0.02
Step 2: Multiplication
We multiply our number (60) by the decimal form of the percentage (0.02):
60 × 0.02 = 1.2
Step 3: Real-World Context
This means that 2% or 0.02 of 60 is 1.2. In other words, if you take 2% of 60, you get 1.2.
Common Use Cases
Discounts
When a $60 product has a 2% discount, you save $1.2 and pay $58.8.
Tips
If you want to leave a 2% tip on a $60 meal, you would leave $1.2 as the tip.
Taxes
When 2% sales tax is added to a $60 purchase, $1.2 is added for tax, making the total $61.2.
Proportions
If 2% of students in a class are boys and there are 60 students total, that means there are 1 boys.
Finance
If you invest $60 and earn 2% annual interest, you'll receive $1.2 in interest for the year.
Education
If a student answers 2% of questions correctly on a 60-question test, they answered 1 questions correctly.
Business
If 2% of your monthly revenue goes to operating expenses and you earn $60, you spend $1.2 on operations.
Healthcare
If a hospital reduces infections by 2% from 60 cases monthly, they now have only 59 cases per month.