55000 x 0.05= 2750...then to check just multiply 2750 by 20.
Five thousand.
1650
$2,500.00
12,500
yes i think so 50 percent
13750
0.01*5000 is 50
4% of 55,000 is 2,200.
Approximately 92.23%
5% of 350,000 is 17,500
Seventy-five thousand dollars.
Errrr - Five thousand three hundred dollars !