how do we calculate 8% of 300
We can do this in 2 different ways.
The longer but often more clear way is to divide 300 by 100 to get 1% then multiply that by 8.
\(8( \frac{300}{100} )=24\) -- therefore 8% of 300 is 24.
Alternatively we can just multiply 300 by 0.08
\(300*0.08=24\)