Calculating a percentage of a given number is a fundamental mathematical operation. In this specific instance, the objective is to determine the value that constitutes twenty percent of eleven hundred. This calculation is performed by multiplying the total value (1100) by the percentage expressed as a decimal (0.20). The result of this operation reveals a specific portion of the whole.
Understanding how to calculate percentages is valuable in diverse contexts. This skill is applicable in financial analysis, where it can be used to determine profit margins or discount amounts. It also plays a role in statistical analysis, allowing for the determination of proportions within a dataset. Historically, the concept of percentages has been crucial in trade and commerce, facilitating the calculation of taxes, interest, and commissions.