What is 5 of 400000?
Understand the Problem
The question is asking for the calculation of 5 percent of 400,000. To solve this, we will find 5% by multiplying 400,000 by 0.05.
Answer
20,000
Answer for screen readers
5% of 400,000 is 20,000
Steps to Solve
- Convert the percentage to a decimal
To find 5% of 400,000, first convert the percentage to a decimal by dividing it by 100:
$$ 5% = \frac{5}{100} = 0.05 $$
- Multiply the decimal by the number
Now, multiply the decimal form of the percentage (0.05) by 400,000:
$$ 0.05 \times 400,000 $$
- Calculate the product
Perform the multiplication to find the answer:
$$ 0.05 \times 400,000 = 20,000 $$
5% of 400,000 is 20,000
More Information
Calculating percentages is a common skill in daily life, especially useful in financial contexts such as calculating discounts, interest rates, and more.
Tips
A common mistake is to forget to convert the percentage to a decimal before multiplying. Always remember that 5% should be written as 0.05 in decimal form.
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