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Judy, Nurse
Category: Pet
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Experience:  Pet lover and nurse, long time cat, dog, horse owner!
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what is 5% of $150000.00 What is 20% 0f $150000.00

Customer Question

what is 5% of $150000.00 , and what is 20% of $150000.00?
Submitted: 11 years ago.
Category: Pet
Expert:  Judy replied 11 years ago.
To find a certain percent of any number you change the percent into a decimal. To change the number ito a decmal, you divide it by 100. So 5% becomes .05 and 20% becomes .20 (or just .2). You then multiply the number by this decimal to find your answer.

5% of $150000.00 is $150000.00
                         x .05
       the answer is $7,500.00.

20% if $150000.00 is $150000.00 x .20, the anwer is $30,000.

Hope this explains the reasoning behind it. Too bad it's not real money, eh?    Judy, RN