Step-by-Step 1Multiply the percentage by the number.7 × 5,000 = 35,000 2Divide the result by 100.35,000 ÷ 100 = 350 3Therefore, 7% of 5,000 is 350.
Formula Used Percentage of a Number = Percentage × Number────────────100 Where, Percentage = 7Number = 5,000