What is 5% of $150?
Learn how to calculate 5% of $150 with our step-by-step guide and real-world US examples
Quick Answer
5% of $150 equals $7.5. To calculate this, we convert the percentage to a decimal (5 ÷ 100 = 0.0500) and multiply it by $150.
Visual Representation
The chart shows how $7.5 relates to the total $$150
Step-by-Step Calculation
- 1Convert the percentage to a decimal by dividing by 100: 5 ÷ 100 = 0.0500
- 2Multiply the decimal by the number: 0.0500 × 150 = 7.50
- 3Therefore, 5% of 150 is 7.50
Real-Life Examples
Shopping & Discounts: If a $150 item has a 5% discount, you save $7.50, paying $142.50.
Black Friday Sale: During Black Friday, a $150 product with 5% off costs $142.50 instead.
Tax Calculation: A 5% sales tax on $150 adds $7.50 to your bill, totaling $157.50.
Restaurant Tips: A 5% tip on a $150 bill is $7.50.
Understanding the Formula
The general formula for calculating what a percentage of a dollar amount equals is:
In this case, we're calculating 5% of $150:
- First, divide the percentage by 100: 5 ÷ 100 = 0.0500
- Then, multiply by the amount: 0.0500 × $150 = $7.5
This formula works for any percentage calculation. You can use our calculator above to try different values.
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