What is 5% of 54000?

Understand the Problem

The question is asking for the calculation of 5% of 54000. This can be solved by multiplying 54000 by 0.05.

Answer

The answer is $2700$.
Answer for screen readers

The final answer is $2700$.

Steps to Solve

  1. Identify the percentage as a decimal

To calculate 5%, convert the percentage into decimal form by dividing by 100.

$$ 5% = \frac{5}{100} = 0.05 $$

  1. Multiply the decimal by the total amount

Now, multiply the decimal form of the percentage by the total amount to find the desired value.

$$ 0.05 \times 54000 $$

  1. Calculate the result

Now, perform the multiplication.

$$ 0.05 \times 54000 = 2700 $$

The final answer is $2700$.

More Information

Calculating a percentage is a common task in daily life and is often used in financial contexts, such as calculating tips, taxes, and discounts.

Tips

  • Confusing percentages with decimal forms: Always remember to convert the percentage to a decimal by dividing by 100.
  • Incorrect multiplication: Ensure that the multiplication is performed accurately and that you're using the correct numbers.

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