How do I calculate 2% of a price?

The Two-Second Trick to Calculating 2% of Any Price

Need to quickly figure out a 2% discount, tip, or commission? Skip the calculator fumbling and mental gymnastics. There’s a super-simple trick that lets you calculate 2% of any price in just two quick steps.

Most of us know how to find 10% of a price – just move the decimal point one place to the left. Finding 1% is similar, but you move the decimal two places to the left. This is the key to our two-second trick.

Since 2% is simply double 1%, you just need to find 1% and multiply by two. This avoids the more complex process of multiplying the original price by 0.02, which can be more prone to errors, especially when you’re on the go.

Here’s how it works in action:

• Example 1: Let’s say the price is $75. Moving the decimal two places to the left gives you $0.75 (which is 1%). Double that, and you get $1.50, which is 2% of $75.

• Example 2: Imagine a price of $325.99. 1% is $3.2599 (just move the decimal). Doubling this gives you approximately $6.52, which is 2% of the original price.

• Example 3: Even with a more complex number like $1,487.50, this method works seamlessly. 1% is $14.875. Double that, and you get $29.75, which is 2% of $1,487.50.

This simple method is perfect for quick calculations on the fly, whether you’re figuring out a tip, calculating a small commission, or determining a discount. So ditch the calculator and impress your friends with your newfound mathematical prowess!

#Math #Percent #Prices