1% of 500 is 5.00. Multiply 500 by 1 and divide by 100.

What is 1% of 500?

Answer

1% of 500 = 5.00

1 ÷ 100 × 500 = 5.00

To find 1% of 500, convert the percentage to a decimal (0.01) and multiply by 500. That gives 5.00.

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