5 volume H2O2 solution means that hydrogen peroxide contained in 1 volume of this solution will decompose to give 5 volumes of oxygen at STP i.e. if 1 L of this solution is taken, then 5 L of oxygen can be produced from this at STP chemical equation for the decomposition of H2O2 is:
2H2O2(l)→O2(g)+2H2O(l)
it shows that 68g H2O2 gives 22.4L of O2 at STP
So 5L oxygen will be obtained from:
68g×5L22.4L=3400224gH2O2=15gH2O2
i.e 15 g H2O2 dissolved in 1L solution will give 5L oxygen or 1.5 g H2O2/100mL solution will give 500mL oxygen. Thus 15g/L
or 1.5% solution is known as 5 volume solution of H2O2