What is 10% of 5000?

Answer: 10% of 5000 is 500.

To calculate 10% of 5000, you multiply 5000 by the decimal equivalent of 10%. Since 10% is the same as 10 out of 100, it can be written as 0.10 in decimal form.

The calculation is as follows:

5000 × 0.10 = 500

This calculation is a basic yet essential aspect of understanding percentages, which are a fundamental part of everyday mathematics. Percentages are widely used in various contexts, such as calculating discounts, understanding statistics, and determining proportions in finance, science, and everyday life. For instance, if you want to know what 10% of a certain amount is, like in this case with 5000, you simply convert the percentage to a decimal and multiply. This skill is not only crucial for academic purposes but also for practical, everyday decision-making. It helps in budgeting, shopping, and in understanding various financial transactions. The ability to quickly and accurately calculate percentages is valuable for making informed decisions in various situations.