What is 5 percent of 30 million dollars?

o calculate 5 percent of 30 million dollars in more detail, follow these steps:

1. Understanding Percentages: A percentage represents a fraction out of 100. So, 5 percent is the same as 5 out of 100 or 5/100, which can also be written as the decimal 0.05.
2. Convert 5 percent to a decimal: To convert a percentage into a decimal, divide by 100.

   5%=5100=0.05

3. Multiply the Decimal by the Total Amount: To find 5 percent of 30 million dollars, multiply 30 million by 0.05:

   30,000,000×0.05=1,500,000

So, when you calculate 5 percent of 30 million dollars, you get 1,500,000 dollars.

This means that if you have 30 million dollars and you want to find out what 5 percent of that amount is, the result is 1.5 million dollars.