What is 1 Percent of 2000?

To find 1 percent of 2000, you can use the following formula:

1% of 2000 = (1/100) × 2000

Let’s break it down step by step:

1. First, convert the percentage to a decimal by dividing by 100. So, 1 percent becomes 0.01.
2. Next, multiply the decimal by the number you want to find the percentage of. In this case, 0.01 × 2000.
3. The result is 20. Therefore, 1 percent of 2000 is 20.

So, 1% of 2000 is 20.