What is 5% of 95?
A. 4.5
B. 4.75
C. 5.0
D. 5.25
Correct Answer: B (4.75)
95 is 5% of what number
To find 5% of 95, we can use the formula:
5% × 95 = (5/100) × 95 = 0.05 × 95 = 4.75
Therefore, 5% of 95 is 4.75.
Significance of Finding Percentages
Finding percentages is a common task in many fields, including finance, statistics, and science. Understanding how to calculate percentages is important for budgeting, comparing data sets, and analyzing trends. In addition, percentages are often used in marketing and advertising to convey discounts or savings, and being able to quickly calculate percentages can be a useful skill in everyday life.