To find out what percentage 20,000 is of 2,000,000, you can use the following formula:
Percentage = (Part / Whole) * 100
In this case, the ‘Part’ is 20,000 and the ‘Whole’ is 2,000,000. Plugging these values into the formula gives:
Percentage = (20,000 / 2,000,000) * 100
Calculating the division first:
20,000 / 2,000,000 = 0.01
Now, multiply by 100:
0.01 * 100 = 1
Therefore, 20,000 is 1% of 2,000,000.