What is 5% of 78000?

Understand the Problem

The question is asking for the calculation of 5% of 78000. This involves multiplying 78000 by 0.05 to find the result.

Answer

$3900$
Answer for screen readers

The final answer is $3900$.

Steps to Solve

  1. Convert Percentage to Decimal

To find 5% as a decimal, divide 5 by 100:

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

  1. Multiply by the Total Amount

Now, multiply the decimal by the total amount, 78000:

$$ 5% \text{ of } 78000 = 78000 \times 0.05 $$

  1. Calculate Result

Perform the multiplication:

$$ 78000 \times 0.05 = 3900 $$

The final answer is $3900$.

More Information

Finding a percentage of a number is a common mathematical operation used in various contexts, such as calculating tax, discounts, or interest. Knowing how to easily convert a percentage into a decimal simplifies the calculation process.

Tips

  • A common mistake is forgetting to convert the percentage into a decimal before performing the multiplication. Always ensure you divide the percentage by 100 first.
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