Question

Which coin is 5% of 2$?

A: Nickel
B: Dime
C: Penny
D: Quarter

Answer 1

C) Penny

Also / means fraction symbol

Explanation:

Percentage solution with steps:

Step 1: Our output value is 2.

Step 2: We represent the unknown value with x

Step 3: From step 1 above,2=100%

Step 4: Similarly, x=5%

Step 5: This results in a pair of simple equations:

2=100%(1)

x=5%(2)

Step 6: By dividing equation 1 by equation 2 and noting that both the RHS (right hand side) of both

equations have the same unit (%); we have

2/x = 100%/5%

Step 7: Again, the reciprocal of both sides gives

x/2 = 5/100

⇒x = 0.1

Therefore 5% of 2 is 0.1

A penny is 0.1

Answer 2

A dime

Explanation:

There is 100 cents in a dollar.

A dime is ten cents so its 10% of a dollar.

$2 is is double $1 so you divide the percent by 2.

A dime is 5% of 2 dollars.