What is 5% of 1000?

Instant answer with step-by-step formula

What is 5% of 1000 = 50
5 ÷ 100 × 1000 = 50

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Step-by-step explanation

  1. Write the formula: Percentage × Value ÷ 100
  2. Substitute the values: 5 × 1000 ÷ 100
  3. Multiply: 5000 ÷ 100
  4. Divide to get the answer: 50

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