What is five percent of five thousand?

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To find five percent of five thousand, you can use a simple calculation method. Here’s how it works:

  1. First, convert the percentage to a decimal. Five percent (5%) can be written as 0.05.
  2. Next, multiply the decimal by the total number. So, you take 0.05 and multiply it by 5000:
  3. 0.05 x 5000 = 250

Therefore, five percent of five thousand is 250.

This calculation can be useful in various scenarios, like determining discounts, calculating tips, or analyzing data. Understanding percentages is a key skill in both personal finance and business contexts.

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