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What is 2% of 1,000? = 20

2 percent of 1,000 is 20. See the step-by-step solution, formula and worked example for how to calculate 2% of 1,000.

2% of 1,000 = 20
What is % of

Solution: What is 2 percent of 1,000?

2% × 1000 =
(2 ÷ 100) × 1000 =
(2 × 1000) ÷ 100 =
2000 ÷ 100 = 20

Step-by-step explanation

  1. "Percent" means "per hundred", so 2% = 2 ÷ 100 = 0.02.
  2. "Of" means multiply, so we calculate 0.02 × 1,000.
  3. 0.02 × 1,000 = 20.
  4. So 2 percent of 1,000 is 20.

Good to know

Another way to check this: 1% of 1,000 is 10, and 2% is just 2 of those, so 2 × 10 = 20. Percentages like this come up everywhere — working out a 2% deposit, tip, tax or commission on 1,000, for example.

Quick reference: percentages of 1,000

1% of 1,00010
5% of 1,00050
10% of 1,000100
15% of 1,000150
20% of 1,000200
25% of 1,000250
50% of 1,000500
75% of 1,000750
100% of 1,0001,000

Frequently asked questions

What is 2 percent of 1,000?
2% of 1,000 is 20.

How do you calculate 2% of 1,000?
Divide 2 by 100 to get 0.02, then multiply by 1,000 to get 20.

What is 1,000 minus 2%?
1,000 − 20 = 980 (see 2% off 1,000).

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