It is: 16,666 and 2/3
1/3 of 50,000 = 16,666.'6' recurring' 6'
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One third of 15000 is calculated by dividing 15000 by 3. This results in 5000, as each part represents one third of the whole. So, one third of 15000 is 5000.
16,666.67
5% of $1 million = $50000
50000
33% of 50000= 33% * 50000= 0.33 * 50000= 16,500