Question

What is 5% of $120.00?

Answer 1

5% is obtained by multiplying a number by 0.05.
0.05 X 120.00 =

Answer 2

Have a look at http://socratic.org/s/asi47Y3F for how percentage works.

For your question: `5/100 xx$120.00 = $6`

Explanation:

none needed