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What is 1% of 500? = 5

1 percent of 500 is 5. See the step-by-step solution, formula and worked example for how to calculate 1% of 500.

1% of 500 = 5
What is % of

Solution: What is 1 percent of 500?

1% × 500 =
(1 ÷ 100) × 500 =
(1 × 500) ÷ 100 =
500 ÷ 100 = 5

Step-by-step explanation

  1. "Percent" means "per hundred", so 1% = 1 ÷ 100 = 0.01.
  2. "Of" means multiply, so we calculate 0.01 × 500.
  3. 0.01 × 500 = 5.
  4. So 1 percent of 500 is 5.

Good to know

Another way to check this: 1% of 500 is 5, and 1% is just 1 of those, so 1 × 5 = 5. Percentages like this come up everywhere — working out a 1% deposit, tip, tax or commission on 500, for example.

Quick reference: percentages of 500

1% of 5005
5% of 50025
10% of 50050
15% of 50075
20% of 500100
25% of 500125
50% of 500250
75% of 500375
100% of 500500

Frequently asked questions

What is 1 percent of 500?
1% of 500 is 5.

How do you calculate 1% of 500?
Divide 1 by 100 to get 0.01, then multiply by 500 to get 5.

What is 500 minus 1%?
500 − 5 = 495 (see 1% off 500).

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