What is 98 Percent of 500?

What is 98 percent of 500?

Answer: 98 percent of 500 is 490. Alternatively, we can say that 490 is equivalent to 98% of 500.

Solution for What is 98 percent of 500:

n = 98 percent of 500

n = 98 % * 500

n = \frac{98}{100} * 500

n = \frac{98 * 500}{100}

n = \frac{49000}{100}

n = 490

Now we have 98% of 500 = 490. Alternatively, we can express it as 98 percent of 500 equals 490.

The step-by-step process for finding what is 98 percent of 500:

The mathematical calculation of 98% of 500 can be broken down as follows:

98 percent * 500
Convert this into an equation: (98 / 100) * 500
Simplify the equation further: (98 * 500) / 100
Carry out the calculation: 49000 / 100
The final answer is: 490

Thus, we conclude that 98% of 500 is 490.

Explanation for What is 98% of 500:

Step 1: **98 percent * 500**

Think of percent as parts out of 100. So, when we say 98 percent, it's like having 98 parts out of a total of 100. What we want to do now is find out what those 98 parts would be if our total was 500 instead of 100.

Step 2: **(98 / 100) * 500**

This is like dividing our 98 parts into 100. It's as if we have 100 pieces of candy and we only want 98 of those pieces. That gives us 0.98 or 98 hundredths. Now we multiply those 98 parts (or 0.98) by 500 to find out what 98% of 500 would be.

Step 3: **(98 * 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 98 (our 98 parts) by 500 (our total amount), and then we divide that by 100.

Step 4: 49000 / 100

The previous step gave us 49000. 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 49000 by 100.

Step 5: 490

Finally, after dividing 49000 by 100, we arrive at the answer: 490. Hence, we can definitively say that 98% of 500 equals 490.

This guide aims to simplify the understanding of percentage calculations, focusing on the question "What is 98% 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.