What is 20 percent less than 550? What is the formula used to calculate 20 percent less than 550? How can we calculate 20 percent less than 550?
Here we will show you the formula used to calculate 20 percent less than 550 (20% less than 550), and then we will calculate the answer to 20 percent less than 550 using our formula. We will also illustrate what 20 percent less than 550 looks like.
The formula used to calculate 20 percent less than 550, as well as other percent less than problems, can be seen below:
PL = OV - ((P ÷ 100) × OV)
PL (Percent Less) is the answer we want, P (%) is the percent, and OV (Original Value) is the starting value. Therefore, when we substitute 20 for P and 550 for OV in our formula, we get the answer to 20 percent less than 550, as solved here:
PL = 550 - ((20 ÷ 100) × 550)
PL = 550 - (0.2 × 550)
PL = 550 - 110
PL = 440
20% less than 550 = 440
So, how does our formula work to calculate 20 percent less than 550? First, it takes 20 percent of 550, and then we subtract that result from 550 to get our final answer. We have provided an illustration below so you can better visualize 20 percent less than 550.
In our illustration above, the areas shaded in blue and red add up to 550, and the area shaded in red is 20 percent of 550. In other words, blue is 440, red is 110, and blue plus red is 550.
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