Question

What is 1% of $80 equal

Answer 1

Well, OF is kind of the same with multiplication. So that question is indirectly saying 1%x$80. As you know, percent means over 100. So that will be;

1/100x$80

1/100 is 0.01. So that means 0.01x$80. And that is 0.8. So the answer is 0.8. Hope I helped.