$1,500 is what percent of $5,000?
Understand the Problem
$1,500 is being compared to $5,000 to find out what percentage $1,500 represents of the total $5,000. The approach involves dividing $1,500 by $5,000 and then multiplying the result by 100 to convert it into a percentage.
Answer
$30\%$
Answer for screen readers
$1,500$ is $30%$ of $5,000$.
Steps to Solve
- Set up the problem
To find out what percent $1,500 is of $5,000, we can use the formula: $$ \text{Percentage} = \left( \frac{\text{Part}}{\text{Whole}} \right) \times 100 $$
Here, the "Part" is $1,500 and the "Whole" is $5,000.
- Calculate the division
Now we will divide $1,500 by $5,000: $$ \frac{1500}{5000} $$
- Perform the calculation
Calculate the division: $$ \frac{1500}{5000} = 0.3 $$
- Convert to percentage
Next, we multiply the result by 100 to convert it to a percentage: $$ 0.3 \times 100 = 30 $$
- Write the final answer
Thus, $1,500 is 30% of $5,000.
$1,500$ is $30%$ of $5,000$.
More Information
The percentage calculation helps in understanding the proportion of one value with respect to another. In this case, $1,500 represents 30% of $5,000, indicating that $1,500 is nearly one-third of $5,000.
Tips
- Forgetting to multiply by 100: Make sure to multiply the fraction by 100 to convert it to a percentage.
- Incorrect division: Double-check the division to ensure accurate results.
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