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Its really easy calculate percentages if you always remember to divide by 100 and then multiply by the percentage you want . So for this example you do this

485000 / 100 = 4850

this number is now equal to 1% so multiply buy whatever you want

so 5% = 4850*5

5% = 24250

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13y ago
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Q: What is 5 percent of four hundred and eighty five thousand dollars?
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