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What is 5 of 360000?

Understand the Problem

The question is asking for the calculation of 5 percent of 360000. This involves multiplying 360000 by 0.05 to find the answer.

Answer

$18000$
Answer for screen readers

The answer is $18000$.

Steps to Solve

  1. Identify the percentage to find To find 5 percent of a number, we can convert 5 percent into a decimal. 5 percent is equal to $0.05$.

  2. Multiply the decimal by the total amount Next, we need to multiply $360000$ by the decimal value of $5%$, which is $0.05$: $$ 360000 \times 0.05 $$

  3. Perform the multiplication Now we calculate the multiplication: $$ 360000 \times 0.05 = 18000 $$

The answer is $18000$.

More Information

The result of $18000$ represents 5 percent of $360000$. This method of calculating percentages can be applied to any amount by converting the percentage to a decimal and performing the multiplication.

Tips

  • A common mistake is forgetting to convert the percentage to a decimal. Always remember that to calculate a percentage, divide by 100 (e.g., $5% = \frac{5}{100} = 0.05$).
  • Miscalculating the multiplication can also happen. Always double-check your arithmetic for accuracy.
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