The value of 1.3% of 5000 is 65 and 1/3 of $5,000 is 1650.
If an event can occur in m different ways and if following it, a second event can occur in n different ways, then the two events in succession can occur in m × n different ways.
WE know that percentage is a minimum number or ratio that is measured by a fraction of 100.
We need ot find the 1.3% of 5000 and 1/3 of $5,000.
So first 1.3% of 5000 ,
1.3% x 5000
1.3 / 100 x 5000
1.3 x 50
65
Second 1/3 of $5,000,
1/3 x $5,000
0.33 x 5,000
1650
Therefore, the value of 1.3% of 5000 is 65 and 1/3 of $5,000 is 1650.
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