Question: value is equal to 5 percent of 1500?
Answer: If you're talking about the 5% of 1,500 (that's what I really understood about the question), it's 0.05 x 1,500 which is equal to 75. Think about the 0.05 as 5% so that 1 is 100%, and if you do it in math, you get the decimal value of 5% by dividing it to 100 like 5/100 = 0.05.