\( \% \) of \( \$ 5=\$ 1 \)

To find what percentage of $5 equals $1, you can set up the equation \( x \% \times 5 = 1 \). Solving for \( x \) gives you \( x = \frac{1}{5} \times 100 \), which results in \( 20\% \). So, $1 is 20% of $5! Now, think about this in real-world terms! If you think of $5 as the total price of a delicious slice of pizza, then that $1 you found (or 20% of the total) could be like the tip you leave for the friendly pizza delivery person! A great way to think about percentages in everyday finance!