What is 5% of 23?

Instant answer with step-by-step formula

What is 5% of 23 = 1.15
5 ÷ 100 × 23 = 1.15

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Step-by-step explanation

  1. Write the formula: Percentage × Value ÷ 100
  2. Substitute the values: 5 × 23 ÷ 100
  3. Multiply: 115 ÷ 100
  4. Divide to get the answer: 1.15

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