To find out what percent 50,000 is of 1 million, you can use the following formula:
Percentage = (Part / Whole) × 100
In this case:
- Part = 50,000
- Whole = 1,000,000
Plugging the values into the formula:
Percentage = (50,000 / 1,000,000) × 100
First, divide 50,000 by 1,000,000:
50,000 ÷ 1,000,000 = 0.05
Then, multiply the result by 100 to get the percentage:
0.05 × 100 = 5%
So, 50,000 is 5% of 1 million.