Determining a percentage of a given number is a fundamental mathematical operation with widespread applications. In the specific case of finding thirty percent of two hundred thousand, the calculation involves multiplying the total number by the decimal equivalent of the percentage. This procedure yields a precise numerical result representing a proportional fraction of the original value.
The ability to calculate percentages is vital in various contexts, including financial analysis, statistical reporting, and everyday decision-making. Such calculations are crucial in determining discounts, interest rates, and proportional shares. Historically, percentage calculations have been integral to commerce and trade, providing a standardized method for representing proportions and facilitating accurate financial transactions.