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
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.