What is 70% of 500?
Calculate 70% of 500 with a complete step-by-step solution.
Answer:
70% of 500 = 350
Step-by-Step Solution
Step 1
Understand the Problem
We need to find 70% of 500.
The word "percent" means "per hundred" or "out of 100".
So 70% means 70 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:
70 ÷ 100 = 0.7
This means 70% = 0.7
Step 3
Multiply to Find the Result
Now multiply the decimal by the number:
0.7 × 500 = 350
So 70% of 500 = 350
Step 4
Alternative Method
You can also think of it as a fraction:
70% of 500 = (70/100) × 500
= (70 × 500) / 100
= 35000 / 100
= 350