What is the answer of 30% of $40.00 tell with the steps

1.First you multiply $40.00 by .30 (since to make a percent a decimal you move the decimal or percent to the left 2 times)
2.Then you'll get 120000 so when you multiplied  $40.00 by .30 you have 4 decimals so you move the decimal 4 times in the answer starting from the right.
3. The answer will be 12