2 percent of 1040 can be written as 20 percent * 1040 =
Use the percentage formulae (P% × Y = X) to find out 2% of 1040
P is 2, Y is 1040, so the equation will be 2% × 1040 = X
Percentage calculation with steps:
X = ( 2 * 1040 ) / 100
X = 2080 / 100
X = 20.8