700 Times .79

To calculate 700 times 0.79, we need to multiply these two numbers together. Multiplication is a basic mathematical operation that represents the process of adding a number a certain number of times, equal to the multiplier. In this case, we are multiplying 700 by 0.79.

Multiplication Process

The multiplication of 700 by 0.79 can be calculated as follows: 700 * 0.79. This operation involves multiplying the numbers together, taking into account the decimal place of the multiplier, 0.79.

Calculation Steps

To perform the multiplication, we follow these steps:

• First, we multiply 700 by 79, since 0.79 is the same as ⁷⁹⁄₁₀₀ or 79 hundredths.
• 700 * 79 = 55,300
• Then, we apply the decimal place, remembering that 0.79 has two decimal places, which means our result should be divided by 100 to correctly place the decimal point.
• 55,300 / 100 = 553

Therefore, 700 times 0.79 equals 553.

Verification and Application

To verify this calculation, one could use a calculator or perform the multiplication manually, ensuring to correctly handle the decimal places. This kind of calculation is common in various applications, including finance, where understanding the multiplication of decimals is crucial for calculating percentages, interests, and other financial metrics.

Real-World Example

For instance, if a store offers a 21% discount on all items and you’re purchasing an item priced at 700, you would calculate the discount as 700 * 0.21. Following the steps outlined above, you first calculate 700 * 21 = 14,700, and then apply the decimal, resulting in 14,700 / 100 = 147. This means the discount on your 700 purchase would be 147, making the final price $553.