What is 1% of 5?
Use our percentage calculator to easily find what 1 percent of 5 is. Calculate percentages fast with this simple percent calculator tool.
Result
0.05
1% of 5 = 0.05
Mathematical Formula
Detailed Explanation
Step 1: Understanding Percentages
1% means 1 parts out of 100. To convert a percentage to a decimal, we divide by 100: 1% = 0.01
Step 2: Multiplication
We multiply our number (5) by the decimal form of the percentage (0.01):
5 × 0.01 = 0.05
Step 3: Real-World Context
This means that 1% or 0.01 of 5 is 0.05. In other words, if you take 1% of 5, you get 0.05.
Common Use Cases
Discounts
When a $5 product has a 1% discount, you save $0.05 and pay $4.95.
Tips
If you want to leave a 1% tip on a $5 meal, you would leave $0.05 as the tip.
Taxes
When 1% sales tax is added to a $5 purchase, $0.05 is added for tax, making the total $5.05.
Proportions
If 1% of students in a class are boys and there are 5 students total, that means there are 0 boys.
Finance
If you invest $5 and earn 1% annual interest, you'll receive $0.05 in interest for the year.
Education
If a student answers 1% of questions correctly on a 5-question test, they answered 0 questions correctly.
Business
If 1% of your monthly revenue goes to operating expenses and you earn $5, you spend $0.05 on operations.
Healthcare
If a hospital reduces infections by 1% from 5 cases monthly, they now have only 5 cases per month.