5 Percent of 400: A Simple Calculation
Have you ever wondered what 5 percent of 400 is? Well, you're in luck because today we're going to dive into this simple calculation.
What is 5 Percent?
Before we dive into the calculation, let's quickly review what 5 percent means. 5 percent is equal to 5/100 or 0.05. It's a fraction that represents 5 units out of a total of 100 units.
Calculating 5 Percent of 400
Now that we know what 5 percent is, let's calculate 5 percent of 400. To do this, we can multiply 400 by 0.05.
Formula:
5% of 400 = 400 x 0.05
Calculation:
400 x 0.05 = 20
Answer:
Therefore, 5 percent of 400 is 20.
Real-World Applications
So, why is it important to know how to calculate 5 percent of 400? Well, this calculation can have many real-world applications. For example:
- If you're shopping and you get a 5 percent discount on a $400 item, you'll get a discount of $20.
- If you're investing in stocks and you earn a 5 percent return on a $400 investment, you'll earn $20.
Conclusion
Calculating 5 percent of 400 is a simple task that can have many practical applications. By multiplying 400 by 0.05, we get an answer of 20. Whether you're shopping, investing, or just need to calculate a percentage, knowing how to do this calculation can come in handy.