What is 5% of 1000?

Answer: 5% of 1000 is 50

Finding a percentage of a number is a fundamental math skill that helps you determine parts of a whole. In this case, you want to know what 5% of the number 1000 equals. This method is commonly used in finance, discounts, and statistics.

Methods

Math Tutor Explanation Using the Percentage Formula

Calculate 5% of 1000 by converting the percentage to a decimal and then multiplying.

Step 1: Step 1: Convert 5% to a decimal by dividing 5 by 100

Step 2: Step 2: Multiply 0.05 by 1000 to get 50

Math Tutor Explanation Using Mental Math

Estimate and calculate 5% of 1000 in your head by first finding 10% and then halving it.

Step 1: Step 1: Find 10% of 1000, which is 100

Step 2: Step 2: Divide 100 by 2 to get 5%, which equals 50

Step 1:

Step 2:

Math Tutor suggests: More Percentage Practice Problems

Strengthen your skills in calculating percentages with these similar exercises.

FAQ on Percentages

How do you find a percentage of any number?

Multiply the number by the percentage expressed as a decimal.

Why convert a percentage to a decimal?

Decimal form makes multiplication straightforward.

Can you use mental math for percentages?

Yes, breaking percentages into easy-to-calculate parts helps with mental math.

What is the shortcut for finding 5%?

Find 10% by moving the decimal one place left, then halve the result.

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