What is 3 Percent off 500 Dollars?

What is 3 Percent off 500 Dollars? - 3% off $500 is $485. If an item is on sale for 3% off from the original price of 500 dollars, you would pay $485 with a discount of $15.

What is 3 Percent off 500

Following is the percentage formula on how to calculate what is 3 percent off a price.
Percent Off = (100-Number1)/100 * Number2

plugin the above numbers to the percentage formula and we get
(100-3)/100*500 = 485