What is 15% of 500?
Calculate 15% of 500 with a complete step-by-step solution.
Answer:
15% of 500 = 75
Step-by-Step Solution
Step 1
Understand the Problem
We need to find 15% of 500.
The word "percent" means "per hundred" or "out of 100".
So 15% means 15 out of every 100.
Step 2
Convert Percentage to Decimal
To calculate with percentages, we first convert to a decimal.
Divide the percentage by 100:
15 ÷ 100 = 0.15
This means 15% = 0.15
Step 3
Multiply to Find the Result
Now multiply the decimal by the number:
0.15 × 500 = 75
So 15% of 500 = 75
Step 4
Alternative Method
You can also think of it as a fraction:
15% of 500 = (15/100) × 500
= (15 × 500) / 100
= 7500 / 100
= 75