1% of 500 is 5. To calculate this: 1) Convert 1% to decimal (1/100 = 0.01), 2) Multiply by 500 to get 5.

What is 1% of 500?

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Result

1% of 500 = 5

1\% \times 500 = 500 \times \frac{1}{100} = 5

1% means 1 parts out of 100. To convert a percentage to a decimal, we divide by 100: 1% = 0.01

We multiply our number (500) by the decimal form of the percentage (0.01):
500 × 0.01 = 5

This means that 1% or 0.01 of 500 is 5. In other words, if you take 1% of 500, you get 5.

When a $500 product has a 1% discount, you save $5 and pay $495.

If you want to leave a 1% tip on a $500 meal, you would leave $5 as the tip.

When 1% sales tax is added to a $500 purchase, $5 is added for tax, making the total $505.

If 1% of students in a class are boys and there are 500 students total, that means there are 5 boys.

If you invest $500 and earn 1% annual interest, you'll receive $5 in interest for the year.

If a student answers 1% of questions correctly on a 500-question test, they answered 5 questions correctly.

If 1% of your monthly revenue goes to operating expenses and you earn $500, you spend $5 on operations.

If a hospital reduces infections by 1% from 500 cases monthly, they now have only 495 cases per month.

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