What is 5 Percent of 27500?

What is 5 percent of 27500?

Answer: 5 percent of 27500 is 1375. Alternatively, we can say that 1375 is equivalent to 5% of 27500.

Solution for What is 5 percent of 27500:

n = 5 percent of 27500

n = 5 % * 27500

n = \frac{5}{100} * 27500

n = \frac{5 * 27500}{100}

n = \frac{137500}{100}

n = 1375

Now we have 5% of 27500 = 1375. Alternatively, we can express it as 5 percent of 27500 equals 1375.

The step-by-step process for finding what is 5 percent of 27500:

The mathematical calculation of 5% of 27500 can be broken down as follows:

5 percent * 27500
Convert this into an equation: (5 / 100) * 27500
Simplify the equation further: (5 * 27500) / 100
Carry out the calculation: 137500 / 100
The final answer is: 1375

Thus, we conclude that 5% of 27500 is 1375.

Explanation for What is 5% of 27500:

Step 1: **5 percent * 27500**

Think of percent as parts out of 100. So, when we say 5 percent, it's like having 5 parts out of a total of 100. What we want to do now is find out what those 5 parts would be if our total was 27500 instead of 100.

Step 2: **(5 / 100) * 27500**

This is like dividing our 5 parts into 100. It's as if we have 100 pieces of candy and we only want 5 of those pieces. That gives us 0.5 or 5 hundredths. Now we multiply those 5 parts (or 0.5) by 27500 to find out what 5% of 27500 would be.

Step 3: **(5 * 27500) / 100**

This is an alternative calculation. Instead of doing it in two steps like we did before, we can also do it in one step. First, we multiply 5 (our 5 parts) by 27500 (our total amount), and then we divide that by 100.

Step 4: 137500 / 100

The previous step gave us 137500. But remember we were pretending our total was 100? Now we have to divide by 100 to get back to the number for our real total, which is 27500. That's why we divide 137500 by 100.

Step 5: 1375

Finally, after dividing 137500 by 100, we arrive at the answer: 1375. Hence, we can definitively say that 5% of 27500 equals 1375.

This guide aims to simplify the understanding of percentage calculations, focusing on the question "What is 5% of 27500?" Keep practicing with different numbers to hone your skills in percentage calculations. We hope this helps you in your quest for better mathematical understanding.