What is 10% of 500?
Answer: 10% of 500 is 50.
Calculating Basic Percentages
To calculate a percentage of a number, convert the percentage to a decimal and then multiply it by the number. For 10% of 500, convert 10% to 0.10 and multiply by 500 to get 50. This basic calculation is not just a mathematical operation but a critical skill used in various real-world situations, such as computing sales tax, determining commission rates, or understanding statistical data. It’s a fundamental component of financial literacy and quantitative reasoning.
FAQ on Calculating Basic Percentages
What is 20% of 1000?
20% of 1000 is 200.
What is 5% of 200?
5% of 200 is 10.
What is 15% of 300?
15% of 300 is 45.
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