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