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What percent is 3% of 5%? - Mathematics and Statistics

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Question

What percent is 3% of 5%?

Sum
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Solution

Convert percentages into fractions

`3% = 3/100`

`5% = 5/100`

`3/100 xx 5/100 = 15/10000`

`15/10000 = 0.0015 = 0.15%`

3% of 5% is 0.15%

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Chapter 9: Commercial Mathematics - Exercise 9.1 [Page 124]

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