one twentieth = 0.05 into decimal or 5%
Per cent means "for every hundred" so if you have 1 for every 20 (one twentieth) then you have 5 for every 100...five one hundredths, or five percent.
5%
.0005
5%
One-twentieth
5%
1/5
1 percent is equal to 0.01. 75,000 times 0.01 is 750, so one percent of 75,000 is 750.
0.0005
750
$750