5% of 45,000

First, change the percent to a decimal by moving the decimal point two places to the left.

5% = 0.05

Then multiply: 0.05 * 45,000 = ?

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The word of means MULTIPLY.

5% becomes a decimal: 0.05

We now multiply:

0.05 x 45,000 = 2250

Done!

To find 5% of 45,000, you can follow these steps:

Step 1: Convert the percentage to a decimal. In this case, 5% is equivalent to 0.05 (since 5 divided by 100 equals 0.05).

Step 2: Multiply the decimal by the number you want to find the percentage of. Multiply 0.05 by 45,000:

0.05 x 45,000 = 2,250

Therefore, 5% of 45,000 is 2,250.