Determining a percentage of a given number is a fundamental mathematical operation. In the specific case of finding seventy percent of one hundred and twenty, the process involves converting the percentage into a decimal and multiplying it by the original number. Therefore, the result is calculated as 0.70 multiplied by 120, which yields 84.
Understanding how to calculate percentages is crucial in various real-world scenarios. From calculating discounts in retail settings to determining interest rates in finance, the ability to find a percentage of a number is a valuable skill. Historically, the concept of percentage has been used for centuries in trade, taxation, and other forms of commerce, contributing to its enduring relevance.