It is 50 = fifty
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It is 5*12 - 2 = 58.
5% of 58 = 5% * 58 = 0.05 * 58 = 2.9
In the number 58, the value of 5 is 5 units. In this context, the digit 5 represents a quantity of 5 ones. Each digit in a multi-digit number has a place value based on its position in the number, with the rightmost digit representing ones, the next digit to the left representing tens, and so on.
0.0862
assuming 58 is meant to be 5/8 10/16 50/80 85/136 and so on ...