What is 1% of 500?
1% of 500 is 5.
Result
5
As Decimal
0.01
As Fraction
1/100
Step-by-Step Calculation
To find 1% of 500, follow these steps:
- Write the formula: Result = (Percentage ÷ 100) × Number
- Convert to decimal: 1 ÷ 100 = 0.01
- Multiply: 0.01 × 500 = 5
(1 ÷ 100) × 500 = 0.01 × 500 = 5