3 percent of 1500

The phrase "3 percent of 1500" refers to a calculation in which three out of every 100 units of a given amount, in this case 1500, are considered. To compute this, you multiply 1500 by 0.03 to convert the percentage into a decimal, and then divide the resulting number by 100 to find the value. Specifically, 3/100 of 1500 equals 45, making "3 percent of 1500" equal to 45. This figure can also be represented as 3% of 1500, indicating that for every 100 units of 1500, 3 units are 3% of the total. For example, if an item originally costs $1500, a 3% discount would save $45, making the final sale price $1455. The ability to compute percentages quickly and accurately is valuable in various contexts, including finance, education, health, sales, and data analysis._percent of 1500