What is 99 Percent of 500?

What is 99 percent of 500?

Answer: 99 percent of 500 is 495. Alternatively, we can say that 495 is equivalent to 99% of 500.

Solution for What is 99 percent of 500:

n = 99 percent of 500

n = 99 % * 500

n = \frac{99}{100} * 500

n = \frac{99 * 500}{100}

n = \frac{49500}{100}

n = 495

Now we have 99% of 500 = 495. Alternatively, we can express it as 99 percent of 500 equals 495.

The step-by-step process for finding what is 99 percent of 500:

The mathematical calculation of 99% of 500 can be broken down as follows:

99 percent * 500
Convert this into an equation: (99 / 100) * 500
Simplify the equation further: (99 * 500) / 100
Carry out the calculation: 49500 / 100
The final answer is: 495

Thus, we conclude that 99% of 500 is 495.

Explanation for What is 99% of 500:

Step 1: **99 percent * 500**

Think of percent as parts out of 100. So, when we say 99 percent, it's like having 99 parts out of a total of 100. What we want to do now is find out what those 99 parts would be if our total was 500 instead of 100.

Step 2: **(99 / 100) * 500**

This is like dividing our 99 parts into 100. It's as if we have 100 pieces of candy and we only want 99 of those pieces. That gives us 0.99 or 99 hundredths. Now we multiply those 99 parts (or 0.99) by 500 to find out what 99% of 500 would be.

Step 3: **(99 * 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 99 (our 99 parts) by 500 (our total amount), and then we divide that by 100.

Step 4: 49500 / 100

The previous step gave us 49500. 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 49500 by 100.

Step 5: 495

Finally, after dividing 49500 by 100, we arrive at the answer: 495. Hence, we can definitively say that 99% of 500 equals 495.

This guide aims to simplify the understanding of percentage calculations, focusing on the question "What is 99% 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.