## Introduction

When it comes to mathematics, we often come across various calculations and formulas that can be challenging to understand. One such calculation is “what is 70 of 20.” In this article, we will break down this calculation into simple terms so that anyone can understand it.

## Understanding the Basics

Before we dive into the calculation, let’s first understand the basics of percentages. A percentage is a way of expressing a fraction, where the denominator is always 100. For example, 50% is the same as 50/100 or 0.5.

### What does “of” mean in Mathematics?

In mathematics, “of” is used to indicate multiplication. For instance, if we say 10% of 50, it means 10/100 multiplied by 50, which is equal to 5.

## What is 70 of 20?

Now that we understand the basics let’s get back to the calculation – what is 70 of 20? To solve this, we need to convert 70% to a fraction. We do this by dividing 70 by 100, which gives us 0.7. Next, we multiply this by 20, which gives us the answer: 14. Therefore, 70% of 20 is 14.

### Why is it Important to Understand Percentages?

Percentages are used in various fields, such as finance, science, and statistics. Understanding percentages can help us make better decisions, such as calculating discounts, understanding interest rates, or analyzing data.

## Examples of Using Percentages in Everyday Life

Let’s look at some examples of how we use percentages in our everyday life:

### Example 1: Discounts

If a store is offering a 20% discount on a $50 item, we can calculate the discounted price as follows: 20% of 50 = 10 Therefore, the discounted price would be $50 – $10 = $40.

### Example 2: Interest Rates

If we have a loan of $10,000 with an interest rate of 5%, we can calculate the interest as follows: 5% of 10,000 = 500 Therefore, the interest amount would be $500.

## Conclusion

In conclusion, understanding percentages is crucial in various fields and can help us make better decisions. “What is 70 of 20” is a simple calculation that shows us how to use percentages to find a fraction of a given number. We hope this article has helped you understand this concept in simple terms.