What is 55% of 500?
Calculate 55% of 500 with a complete step-by-step solution.
Answer:
55% of 500 = 275
Step-by-Step Solution
Step 1
Understand the Problem
We need to find 55% of 500.
The word "percent" means "per hundred" or "out of 100".
So 55% means 55 out of every 100.
Step 2
Convert Percentage to Decimal
To calculate with percentages, we first convert to a decimal.
Divide the percentage by 100:
55 ÷ 100 = 0.55
This means 55% = 0.55
Step 3
Multiply to Find the Result
Now multiply the decimal by the number:
0.55 × 500 = 275
So 55% of 500 = 275
Step 4
Alternative Method
You can also think of it as a fraction:
55% of 500 = (55/100) × 500
= (55 × 500) / 100
= 27500 / 100
= 275