To find 5 percent of 1000, you can use a simple mathematical calculation. Percent means ‘per hundred’, so to calculate 5 percent, you can multiply 1000 by 0.05 (which is the decimal representation of 5 percent).
Here’s the calculation:
1000 × 0.05 = 50
This means that 5 percent of 1000 is 50. It’s a straightforward way to understand percentages by converting them into decimal form and multiplying them by the total amount.