What is 60% of 500?

Use our percentage calculator to easily find what 60 percent of 500 is. Calculate percentages fast with this simple percent calculator tool.

Result

300

60% of 500 = 300

Mathematical Formula

60%×500=500×60100=30060\% \times 500 = 500 \times \frac{60}{100} = 300

Detailed Explanation

Step 1: Understanding Percentages

60% means 60 parts out of 100. To convert a percentage to a decimal, we divide by 100: 60% = 0.6

Step 2: Multiplication

We multiply our number (500) by the decimal form of the percentage (0.6):
500 × 0.6 = 300

Step 3: Real-World Context

This means that 60% or 0.6 of 500 is 300. In other words, if you take 60% of 500, you get 300.

Common Use Cases

Discounts

When a $500 product has a 60% discount, you save $300 and pay $200.

Tips

If you want to leave a 60% tip on a $500 meal, you would leave $300 as the tip.

Taxes

When 60% sales tax is added to a $500 purchase, $300 is added for tax, making the total $800.

Proportions

If 60% of students in a class are boys and there are 500 students total, that means there are 300 boys.

Finance

If you invest $500 and earn 60% annual interest, you'll receive $300 in interest for the year.

Education

If a student answers 60% of questions correctly on a 500-question test, they answered 300 questions correctly.

Business

If 60% of your monthly revenue goes to operating expenses and you earn $500, you spend $300 on operations.

Healthcare

If a hospital reduces infections by 60% from 500 cases monthly, they now have only 200 cases per month.

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