Step-by-Step 1Multiply the percentage by the number.5 × 1,063 = 5,315 2Divide the result by 100.5,315 ÷ 100 = 53.15 3Therefore, 5% of 1,063 is 53.15.
Formula Used Percentage of a Number = Percentage × Number────────────100 Where, Percentage = 5Number = 1,063