What is 105% of 500?

We need to find 105% of 500.

The word "percent" means "per hundred" or "out of 100".

So 105% means 105 out of every 100.

To calculate with percentages, we first convert to a decimal.

Divide the percentage by 100:

This means 105% = 1.05

Now multiply the decimal by the number:

1.05 × 500 = 525

So 105% of 500 = 525

You can also think of it as a fraction:

105% of 500 = (105/100) × 500

= (105 × 500) / 100

= 52500 / 100

= 525