What is the value of 5% of 20%?

A. 0.1%
B. 1%
C. 20%
D. 0.05%

Explanation of the value of 5% of 20%

To calculate 5% of 20%, you need to convert both numbers to decimal form first.
0.05 (5%) x 0.20 (20%) = 0.01 (1%)

The value of 5% of 20% can be found by first converting the percentage values to decimal form. To convert a percentage to decimal form, you divide by 100. So, 20% becomes 0.20 and 5% becomes 0.05.

Then you would multiply 0.05 by 0.20 which is equal to 0.01 (1%)