What is 5 of 105000?
Understand the Problem
The question is asking for the calculation of 5% of 105,000. We will solve it by multiplying 105,000 by 0.05.
Answer
$5,250$
Answer for screen readers
The final answer is $5,250$.
Steps to Solve
-
Convert the percentage to a decimal
To find 5% as a decimal, divide 5 by 100.
This gives you:
$$ 0.05 = \frac{5}{100} $$ -
Multiply the decimal by the total amount
Now that we have the decimal, multiply it by 105,000 to find 5% of that amount.
This can be calculated as follows:
$$ 5% , \text{of} , 105,000 = 0.05 \times 105,000 $$ -
Perform the multiplication
Calculating the multiplication provides:
$$ 0.05 \times 105,000 = 5,250 $$
The final answer is $5,250$.
More Information
Finding percentages is a common calculation in finance and budgeting. Understanding how to convert percentages into decimal form and then applying them to totals is a valuable skill for everyday math problems.
Tips
- Ignoring to convert the percentage to decimal. Always remember to convert the percentage to a decimal before applying it in calculations.
- Mistakenly calculating $5%$ as $5,000$ instead of $5,250$. This often occurs if the multiplication is done incorrectly.
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