ECONOMICS (CBSE/UGC NET)

ECONOMICS

COMPOUND INTEREST

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Change 6.75% to its decimal equivalent .
A
67.5
B
.675
C
675
D
.0675
Explanation: 

Detailed explanation-1: -= 0.0065 (shift 2 decimal places to the left)

Detailed explanation-2: -For example, 6.75 as a percentage of 10 = (6.75 / 10) x 100% = 67.5%. Feel free to use our decimals to percents calculator below.

Detailed explanation-3: -To convert a decimal to a percentage, multiply by 100 (just move the decimal point 2 places to the right). For example, 0.065 = 6.5% and 3.75 = 375%.

Detailed explanation-4: -Noah’s son’s age as a decimal is 6.75 years old. And we decided that we could write this as a mixed number as six and 75 hundredths.

There is 1 question to complete.