To find 5 percent of 1000, you can use a simple formula. Percent means ‘per hundred,’ so to calculate 5 percent, you multiply 1000 by 5 and then divide by 100. Here’s the step-by-step process:
1. Start with the number you want to find the percentage of, which in this case is 1000.
2. Multiply 1000 by 5:
1000 x 5 = 5000
3. Now, divide the result by 100:
5000 ÷ 100 = 50
So, 5 percent of 1000 is 50.
If you want to visualize it, you can think of 5 percent as five 1-percent slices of 1000, which would each represent 10. When you add those slices together (10 + 10 + 10 + 10 + 10), you once again arrive at 50.
This method can be applied to find any percentage of a number easily.