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5% of 5,000 is 250.
5% of 50 = 2.5
5% of $6,500 = $325.00
50,000 The word "percent" means "per hundred" so 5% is 5/100 of 1000000, which is 50,000.
123 million increased by 5 percent is 123,000,000*1.05 or 129,150,000