Finding 5 percent of a number is the same as multiplying the number by 0.05. In this instance, 475000 x 0.05 = 23750.
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261255.5% of 475000= 5.5% * 475000= 0.055 * 475000= 26125
88.42%
50 thousand Reasoning; Percent, means out of a hundred. so divide 1 million, 1,000,000, by 100. = 10,000 (ten thousand) that is 1 percent of a million. Then multiply that by 5. 10,000 x 5 = 50,000. one percent multiplied by five equals five percent.
The answer depends on what "this less than 5 percent rule" is, in contrast to some other 5 percent rule!
5% of 15,000,000.00 is 750,000.00