What is 5% of 500?
25.00
Step-by-step calculation:
Formula: (500 × 5) ÷ 100 = 25.00
Decimal method: 500 × 0.05 = 25.00
Remaining value (100% - 5%): 500 - 25.00 = 475.00
Usage examples:
- Tip Calculation: You received a bill of $500. A 5% tip would be $25.00.
- Discount: A product originally priced at $500 with a 5% discount now costs $475.00.
- Commission: If you earn a 5% commission on sales and sold items worth $500, your commission is $25.00.
- Tax: Adding 5% tax to a price of $500 results in a total of $525.00.
- Investment Returns: A 5% return on an investment of $500 gives you $25.00 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.