To find 10 percent of 50,000 dollars, you can follow these simple steps:
1. Convert the percentage to a decimal. To do this, divide the percentage by 100. For 10 percent, this would be 10 ÷ 100 = 0.10.
2. Multiply the decimal by the total amount. In this case, 0.10 × 50,000 = 5,000.
So, 10 percent of 50,000 dollars is 5,000 dollars.
This calculation is useful in various real-life situations, such as calculating discounts, tips, or interest rates.