Question

what is 5% of 740?

Explanation:

Step1: Convert percentage to decimal

To find 5% of 740, first convert 5% to a decimal. We know that to convert a percentage to a decimal, we divide by 100. So, \( 5\% = \frac{5}{100} = 0.05 \).

Step2: Multiply the decimal by 740

Now, multiply this decimal by 740. That is, \( 0.05\times740 \). Calculating this, \( 0.05\times740 = 37 \).

Answer:

37