Exponents provide a way to write products of repeated factors in compact form. For example, 5= 5 $ \times $ 5 $ \times $5, here 3 represents the "exponent" and 5 is the " base". In the given example the exponent "3" tells the number of times the base "5" should be multiplied. And  53 is read as "five raised to power of three" or commonly said as "five cubed".

Exponents
Steps for solving exponents:
1. Identify the base number.

2. Identify the the exponent number.

3. Use the formula: a= a $ \times $ a
$ \times $ a $ \times $..... $ \times $ a [n factor of a] for solving the given exponents.