To calculate 7% of a total sale price, you can follow these simple steps:
- Convert the percentage to a decimal: To convert 7% to a decimal, divide it by 100. This gives you 0.07.
- Multiply the decimal by the total sale price: Multiply 0.07 by the total sale price to find 7% of the total amount.
For example, if the total sale price is $500:
- Convert 7% to a decimal: 7 ÷ 100 = 0.07
- Multiply 0.07 by $500: 0.07 × 500 = $35
So, 7% of a $500 sale price is $35.