2 percent of 27500 can be written as 20 percent * 27500 =
Use the percentage formulae (P% × Y = X) to find out 2% of 27500
P is 2, Y is 27500, so the equation will be 2% × 27500 = X
Percentage calculation with steps:
X = ( 2 * 27500 ) / 100
X = 55000 / 100
X = 550