Determining a percentage of a given number is a fundamental mathematical operation with wide-ranging applications. In the specific case of finding 60% of 40, the calculation involves converting the percentage to a decimal (0.60) and multiplying it by the original number (40). This yields the result, which is 24.
The ability to calculate percentages is crucial in various contexts, including financial analysis, retail discounts, and statistical data interpretation. Understanding this concept allows for accurate assessment of proportions and informed decision-making. Historically, percentage calculations have been essential for trade, taxation, and resource allocation, dating back to ancient civilizations.