What is 95% of 500?
Calculate 95% of 500 with a complete step-by-step solution.
Answer:
95% of 500 = 475
Step-by-Step Solution
Step 1
Understand the Problem
We need to find 95% of 500.
The word "percent" means "per hundred" or "out of 100".
So 95% means 95 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:
95 ÷ 100 = 0.95
This means 95% = 0.95
Step 3
Multiply to Find the Result
Now multiply the decimal by the number:
0.95 × 500 = 475
So 95% of 500 = 475
Step 4
Alternative Method
You can also think of it as a fraction:
95% of 500 = (95/100) × 500
= (95 × 500) / 100
= 47500 / 100
= 475