# How to Calculate Percentage Amount

Calculating the percentage of an amount can be useful in many different scenarios. Whether you are dealing with budgeting or estimating taxes, knowing how to calculate the percentage of an amount can help you make accurate and informed decisions.

Here is a step-by-step guide on how to calculate percentage amounts

Step 1: Identify the total amount of money that the percentage will be based on. This is known as the base amount.

Step 2: Identify the rate or percentage that needs to be calculated. For example, if you wanted to figure out what 15 percent of 200 dollars would be, then your rate would be 15%.

Step 3: Multiply the base amount by the rate or percentage. In our example using 15% of 200 dollars, you would need to multiply 200 by 0.15 which equals 30 dollars.

Step 4: Take your answer from Step 3 and divide it by 100 to find out what percentage it equates to in terms of the original base amount. In this case, your answer for 15 percent of 200 Dollars was 30 so when we divide 30 by 100 we get 0.30 which is equal to 30%.

By following these steps, you should now know how to correctly calculate percentages off any given base amount!

With this knowledge, you can ensure that all your calculations are as accurate as possible.