To find out what percent 3 million is of 1 billion, you can use the following formula:
Percentage = (Part / Whole) × 100
Here, the Part is 3 million, and the Whole is 1 billion.
First, convert the numbers to the same unit for easier calculation. Since 1 billion is equal to 1,000 million, we can express both numbers in millions:
- Part = 3 million
- Whole = 1,000 million
Now, plug these values into the formula:
Percentage = (3 / 1,000) × 100
Calculate the division first:
3 / 1,000 = 0.003
Then multiply by 100 to get the percentage:
0.003 × 100 = 0.3%
So, 3 million is 0.3% of 1 billion.