What is one percent of the world's population?

Step 1:

Estimate the world's population in 2024: About 8.03 billion people. 
 

Step 2:

Calculate 1% of 8.03 billion: \(8,030,000,000 \times 0.01 = 80,300,000\).

Supplemental Knowledge:

Understanding percentages is a fundamental mathematical skill that applies across numerous real-life scenarios, from shopping discounts to understanding statistical data. A percentage represents one part per hundred of any quantity.

To determine one percent of any number, multiply or divide by 0.01 (or 100). This simple operation can be applied to populations or quantities of any size or scale.

Real-Life Connections:

Imagine you're organizing a global event and want to assess its reach or impact. Knowing that one percent of humanity could potentially comprise your target audience helps with logistics planning, marketing strategies and resource allocation.

Imagine there are 8 billion people worldwide; knowing what 1 percent represents can give us insight into how many might participate in a global campaign or purchase products if only 1 percent buy them globally.

Curious about more practical applications of percentages or other mathematical concepts? UpStudy offers a wealth of resources including live tutor question banks and AI-powered problem-solving services that can help you master these skills with ease. Dive into UpStudy today and see how we can make learning both fun and effective!