What is 124 times 5 percent?


Here we will show you two different yet similar ways of calculating 124 times 5 percent (124 x 5%). The idea is to show you different ways of calculating 124 times 5 percent so you will have a good understanding of the underlying process of multiplying any number with any percent.

We start by converting 5 percent to a decimal number by dividing 5 by 100 and then we multiply that decimal number by 124. Here is the math to illustrate:

5 / 100 = 0.05
124 x 0.05 = 6.2

The reason we divide 5 by 100 above is because 5 percent means per 100. You can actually divide by 100 after you multiply 124 by 5 and get the same answer. Again, here is the math to illustrate:

124 x 5 = 620
620 / 100 = 6.2

The key is to remember is that "percent" in 5 percent means per hundred and you have to adjust for that with problems like this. To summarize, here is 124 times 5 percent with the answer:

124 x 5 percent = 6.2


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