Step-by-step arithmetic breakdown
To calculate 5% of 600, convert the percentage into a decimal by dividing by 100, then multiply by the whole amount:
1. Convert percentage to fraction: 5 / 100 = 0.0500
2. Multiply by base number: 0.0500 × 600
3. Exact result: 30
Everyday real-world applications
- Retail & Discounts: If a product priced at $600 is discounted by 5%, your savings equal $30.
- Tax & Tips: A 5% service tip on a $600 restaurant bill equals exactly $30.
- Financial Yields: An investment yielding 5% on a principal of $600 produces $30 in interest.