To find 5% of 270,000, you can use the formula for calculating percentages. The formula is:
Percentage Value = (Percentage / 100) * Total Amount
In this case, you want to find 5% (which is 5) of the total amount, which is 270,000.
So, it will be:
5% of 270,000 = (5 / 100) * 270,000
Now, do the calculation:
1. Divide 5 by 100, which equals 0.05.
2. Multiply 0.05 by 270,000:
0.05 * 270,000 = 13,500
Therefore, 5% of 270,000 is 13,500.