What is 20% of 500?
100.00
Step-by-step calculation:
Formula: (500 × 20) ÷ 100 = 100.00
Decimal method: 500 × 0.20 = 100.00
Remaining value (100% - 20%): 500 - 100.00 = 400.00
Usage examples:
- Tip Calculation: You received a bill of $500. A 20% tip would be $100.00.
- Discount: A product originally priced at $500 with a 20% discount now costs $400.00.
- Commission: If you earn a 20% commission on sales and sold items worth $500, your commission is $100.00.
- Tax: Adding 20% tax to a price of $500 results in a total of $600.00.
- Investment Returns: A 20% return on an investment of $500 gives you $100.00 in profit.
Why use a percentage calculator?
Percentage calculations are useful in everyday life, including finance, shopping, health, and academics. Using an online calculator helps eliminate errors and speeds up complex calculations.