1 percent of 5000 can be written as 20 percent * 5000 =
Use the percentage formulae (P% × Y = X) to find out 1% of 5000
P is 1, Y is 5000, so the equation will be 1% × 5000 = X
Percentage calculation with steps:
X = ( 1 * 5000 ) / 100
X = 5000 / 100
X = 50