What is 5.05% of 32000?

We need to find 5.05% of 32000.

The word "percent" means "per hundred" or "out of 100".

So 5.05% means 5.05 out of every 100.

To calculate with percentages, we first convert to a decimal.

Divide the percentage by 100:

5.05 ÷ 100 = 0.0505

This means 5.05% = 0.0505

Now multiply the decimal by the number:

0.0505 × 32000 = 1616

So 5.05% of 32000 = 1616

You can also think of it as a fraction:

5.05% of 32000 = (5.05/100) × 32000

= (5.05 × 32000) / 100

= 161600 / 100

= 1616