The answer to 5% of 1000 is 50.
To solve this problem using Method 1, we need to convert the percentage to a fraction.
The multiplication formula for 5% of 1000 is:
5% * 1000
To solve this problem using Method 2, we need to convert the percentage to a decimal.
The multiplication formula for 5% of 1000 is:
5% * 1000
To convert a percentage into a fraction, follow these steps:
For example, to convert 25% into a fraction:
Therefore, 25% is equivalent to 1/4.
Convert 75% into a fraction. Solution: 75% = 75/100 = 3/4
Convert 10% into a fraction. Solution: 10% = 10/100 = 1/10
To convert a percentage to a decimal, divide the percentage by 100.
For example, to convert 50% to a decimal:
50% = 50/100 = 0.5
Therefore, 50% is equivalent to 0.5.
Convert 25% to a decimal. Solution: 25% = 25/100 = 0.25
Convert 75% to a decimal. Solution: 75% = 75/100 = 0.75
In conclusion, the answer to 5% of 1000 is 50. This can be calculated using either Method 1, by converting the percentage to a fraction, or Method 2, by converting the percentage to a decimal. Both methods yield the same result. Converting percentages to fractions and decimals is a useful skill in solving various math problems.