What is 740 times 5 percent?
Here we will show you two different yet similar ways of calculating 740 times 5 percent (740 x 5%). The idea is to show you different ways of calculating 740 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 740. Here is the math to illustrate:
5 / 100 = 0.05
740 x 0.05 = 37
The reason we divide 5 by 100 above is because 5 percent means per 100. You can actually divide by 100 after you multiply 740 by 5 and get the same answer. Again, here is the math to illustrate:
740 x 5 = 3700
3700 / 100 = 37
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 740 times 5 percent with the answer:
740 x 5 percent = 37
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