How to find 1 percent of 500
"Percent" means per hundred, so 1% is the fraction 1/100, or 0.01 as a decimal. Taking 1 percent of 500 means multiplying 500 by that fraction:
1% of 500 = 500 x 1 / 100
= 500 / 100
= 5The same answer comes from the decimal form: 500 x 0.01 = 5. And because multiplication is commutative, 1% of 500 equals 500% of 1, which is sometimes the easier way to see it in your head.
Mental math shortcut
10% of 500 is 50 (move the decimal one place left), and 1% is 5. Build 1% from those pieces: 1 x 5 = 5.
Nearby percentages of 500
| Percent | Of 500 | 500 minus it | 500 plus it |
|---|---|---|---|
| 2% | 10 | 490 | 510 |
| 5% | 25 | 475 | 525 |
| 6% | 30 | 470 | 530 |
| 10% | 50 | 450 | 550 |
| 15% | 75 | 425 | 575 |
| 20% | 100 | 400 | 600 |
| 25% | 125 | 375 | 625 |
| 30% | 150 | 350 | 650 |
| 50% | 250 | 250 | 750 |
| 75% | 375 | 125 | 875 |
1 percent of other amounts
| Amount | 1% of it |
|---|---|
| 100 | 1 |
| 120 | 1.2 |
| 150 | 1.5 |
| 200 | 2 |
| 250 | 2.5 |
| 300 | 3 |
| 400 | 4 |
| 600 | 6 |
| 750 | 7.5 |
| 800 | 8 |
Where this comes up
A 1% discount on a 500 price takes off 5, leaving 495. A 1% tip or tax on 500 adds 5, for a total of 505. If 500 is a score out of a possible total, 1% of it is the share 5 represents. For percent change, reverse percentages, and "X is what percent of Y", use the full percentage calculator.