Multiple choice

5% of 0.03 is what percentage of 0.05

  1. 3%

  2. 30%

  3. 0.3%

  4. None of the above

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A Correct answer
Explanation

Calculate 5% of 0.03: 0.05 * 0.03 = 0.0015. To find what percentage 0.0015 is of 0.05, divide 0.0015 by 0.05: 0.0015 / 0.05 = 0.03. Converting 0.03 to a percentage gives 3%.