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500 decreased by 2% = 490

500 decreased by 2 percent is 490. Step-by-step solution with the formula and worked example.

500 decreased by 2% = 490
decreased by %

Solution: 500 decreased by 2 percent

Decrease = 2% × 500 = 10
Result = 500 − 10 = 490

Step-by-step explanation

  1. Find the decrease: 2% of 500 = 10.
  2. Subtract it from the original: 500 − 10 = 490.
  3. Shortcut: multiply by (1 − 2/100) = ×0.98.

Good to know

Shortcut: decreasing by 2% is the same as multiplying by 0.98 (that is 100% − 2%). So 500 × 0.98 = 490 in one step.

Frequently asked questions

500 decreased by 2 percent
500 decreased by 2% = 490.

How is it calculated?
See the step-by-step solution above — it uses the standard percentage formula.

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