What is 5% of $299,000
Lets break this down.
When we have any Numeric Number with a % the best way to find its value is the decimal notations.
Move it to the left providing us with 0.05.
You can do this by taking 5% / 100 = 0.05
Once you do that take your remaining question and solve for X.
5% of $299,000
5% / 100 = 0.05
0.05 * $299,000
X = $14,950
So 5% of 299,000 is 14,950.
Enjoy.
