What is 5 percent of 45000?
Understand the Problem
The question is asking for the calculation of 5 percent of 45000. To solve this, we can multiply 45000 by 0.05.
Answer
2250
Answer for screen readers
The final answer is 2250
Steps to Solve
- Convert percentage to decimal
To find 5% of 45000, we first convert the percentage to a decimal by dividing by 100:
$$ 5% = \frac{5}{100} = 0.05 $$
- Multiply by the given number
Next, multiply the decimal by the given number (45000):
$$ 0.05 \times 45000 $$
- Perform the calculation
Carry out the multiplication:
$$ 0.05 \times 45000 = 2250 $$
The final answer is 2250
More Information
Finding percentages is a common task in various real-world situations, such as calculating discounts, interest rates, or proportions.
Tips
A common mistake is to incorrectly convert the percentage to a decimal. Always remember to divide by 100 when converting a percentage to a decimal.
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