Difficulty: Easy
Correct Answer: 0.15%
Explanation:
Introduction / Context:Here we multiply two percentages. Remember that a percent is itself a fraction of 100. So “3% of 5%” means 0.03 times 5%, yielding a very small percentage.
Given Data / Assumptions:
Concept / Approach:Compute 0.03 * 5% = (0.03 * 5)%. Multiply the numeric parts and retain the percent sign for the final expression.
Step-by-Step Solution:
0.03 * 5 = 0.15.Therefore, 3% of 5% = 0.15%.Verification / Alternative check:Convert both to decimals: 3% of 5% = 0.03 * 0.05 = 0.0015 = 0.15% when expressed back as a percent.
Why Other Options Are Wrong:
Common Pitfalls:Treating percent signs as ordinary numbers without converting to decimals first. Always remember that % introduces a factor of 1/100.
Final Answer:0.15%
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