Question: which value is equal to 5 of 15000?
Answer: One method of finding the answer is converting 5% to a decimal, which is 0.05. Another way of finding 5% of 1,500 is converting 5% to a fraction, which is . Either way, it leads to the same answer: A shortcut method would be to treat 1% as and cancelling the 100 in 1,500 to get “5 of 15”, which is simply 75.