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What is 5 Percent of 500?
What is 5 Percent of 500? - 5% of 500 equals 25. To learn how to calculate 5 percent of 500, see the step by step instructions below.
How to calculate 5 percent of 500
Formula = |
Percent 100 |
x Number |
= |
5 100 |
x 500 |
= 25 |
Following shows the steps on how to derive this formula
Step 1: If 500 is 100%, then what is 5% of 500? Setup the equation.
Step 2: Solve for Y
Using cross multiplication of two fractions, we get
100Y = 5 x 500
100Y = 2500
What is 5% of $500?
5% of $500 is $25.
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