Step-by-Step 1Multiply the percentage by the number.2 × 1,031 = 2,062 2Divide the result by 100.2,062 ÷ 100 = 20.62 3Therefore, 2% of 1,031 is 20.62.
Formula Used Percentage of a Number = Percentage × Number────────────100 Where, Percentage = 2Number = 1,031