Question

If you take 5% away from $1047.75 what is the answer

Answer 1

First find 5% of 1047.75:

0.05 * 1047.75 = 52.3875

Now subtract it from 1047.75:

1047.75 - 52.3875 = 995.3625

So we have $995.36

Answer 2

An easy way is 1047.75=100% so
if you take away 5% then 100%-5%=95%
find 95%
percent means parts out of 100 so 95%=95/100=0.95 so
0.95 of 1047.75
'of' translates to multiply
0.95 times 1047.75=995.363=
the answer is $995.36