What is 74 Percent of 500?

What is 74 percent of 500?

Answer: 74 percent of 500 is 370. Alternatively, we can say that 370 is equivalent to 74% of 500.

Solution for What is 74 percent of 500:

n = 74 percent of 500

n = 74 % * 500

n = \frac{74}{100} * 500

n = \frac{74 * 500}{100}

n = \frac{37000}{100}

n = 370

Now we have 74% of 500 = 370. Alternatively, we can express it as 74 percent of 500 equals 370.

The step-by-step process for finding what is 74 percent of 500:

The mathematical calculation of 74% of 500 can be broken down as follows:

74 percent * 500
Convert this into an equation: (74 / 100) * 500
Simplify the equation further: (74 * 500) / 100
Carry out the calculation: 37000 / 100
The final answer is: 370

Thus, we conclude that 74% of 500 is 370.

Explanation for What is 74% of 500:

Step 1: **74 percent * 500**

Think of percent as parts out of 100. So, when we say 74 percent, it's like having 74 parts out of a total of 100. What we want to do now is find out what those 74 parts would be if our total was 500 instead of 100.

Step 2: **(74 / 100) * 500**

This is like dividing our 74 parts into 100. It's as if we have 100 pieces of candy and we only want 74 of those pieces. That gives us 0.74 or 74 hundredths. Now we multiply those 74 parts (or 0.74) by 500 to find out what 74% of 500 would be.

Step 3: **(74 * 500) / 100**

This is an alternative calculation. Instead of doing it in two steps like we did before, we can also do it in one step. First, we multiply 74 (our 74 parts) by 500 (our total amount), and then we divide that by 100.

Step 4: 37000 / 100

The previous step gave us 37000. But remember we were pretending our total was 100? Now we have to divide by 100 to get back to the number for our real total, which is 500. That's why we divide 37000 by 100.

Step 5: 370

Finally, after dividing 37000 by 100, we arrive at the answer: 370. Hence, we can definitively say that 74% of 500 equals 370.

This guide aims to simplify the understanding of percentage calculations, focusing on the question "What is 74% of 500?" Keep practicing with different numbers to hone your skills in percentage calculations. We hope this helps you in your quest for better mathematical understanding.