1% of 5 equal to 0.05
Calculation steps:
( 1 ÷ 100 ) x 5 = 0.05
Formula
(1 ÷ 100) x 5 = 0.05
Percent to decimal
1% to decimal is 1 ÷ 100 = 0.01
Multiply decimal with the other number
0.01 x 5 = 0.05
Example