What is 5% of $19,360? How do you work it out?

$19360 x 5%
= $19360 x 5/100
= ($19360 x 5)/100
= $96800/100
= $968

100% <------------>$19,360
10%<---------------> $1,936
5%<-----------------> $968

For percentages I always like to set up the ratios:

5/100 = x/19360

That way I'm always sure that I got the set up right

968, take 19360 and multiply it by .05 to figure out what 5% of it is.

5% of $19,360=5/100*$19,360
=1/20*$19,360
=$968

19360 / 100 * 5 = 968