What is \( 51 \% \) of \( \$ 1,000 ? \)

To find \( 51\% \) of \( \$1,000 \), you simply multiply \( 1,000 \) by \( 0.51 \) (which is the decimal form of \( 51\% \)). So, \( 1,000 \times 0.51 = 510 \). Therefore, \( 51\% \) of \( \$1,000 \) is \( \$510 \). Understanding percentages can really come in handy! For instance, when you're checking out after a big shopping spree or calculating your tips at a restaurant, having a good grasp of how to convert percentages into actual dollar amounts can help you keep your budget under control. Plus, it’s always a good party trick to impress your friends with quick mental math! When calculating percentages, it’s easy to go astray! A common mistake is misplacing the decimal when converting percentages. For example, confusing \( 51\% \) with \( 0.51 \) could lead you to calculate \( 1,000 \) times \( 51 \) instead, resulting in \( 51,000 \) instead of \( 510 \). To avoid this, always remember to divide the percentage by \( 100 \) before multiplying!