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
- Identify the percentage as a decimal
To calculate 5%, convert the percentage into decimal form by dividing by 100.
$$ 5% = \frac{5}{100} = 0.05 $$
- Multiply the decimal by the total amount
Now, multiply the decimal form of the percentage by the total amount to find the desired value.
$$ 0.05 \times 54000 $$
- 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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