What is 5 of 375000?
Understand the Problem
The question is asking us to calculate what 5 percent of 375000 is. This can be solved by taking 5 percent of the number, which means multiplying 375000 by 0.05.
Answer
$18750$
Answer for screen readers
The final answer is $18750$.
Steps to Solve
- Convert percentage to decimal
To find 5 percent as a decimal, divide by 100: $$ 0.05 = \frac{5}{100} $$
- Multiply the decimal by the total
Now multiply the decimal representation of 5 percent by the total amount: $$ 5% \text{ of } 375000 = 0.05 \times 375000 $$
- Perform the multiplication
Calculate the multiplication: $$ 0.05 \times 375000 = 18750 $$
The final answer is $18750$.
More Information
Finding a percentage is a common task in various real-life applications, such as calculating tips, taxes, or discounts. In this case, 5 percent of $375,000$ is $18,750$.
Tips
- Mistake: Forgetting to convert the percentage to decimal form before multiplying.
- Avoid this by always converting percentages directly to decimals by dividing by 100 first.
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