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$What is 1% of 500 ? Hint: We can think of 1% as a common fraction.$

What is $1 \%$ of $500$ ? $\newline$ Hint: We can think of $1 \%$ as a common fraction.

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Solve percent equations

Full solution

Q. What is

1 \%

of

500

?

\newline

Hint: We can think of

1 \%

as a common fraction.

Convert to decimal: Convert $1\%$ to a decimal. $\newline$ $1\%$ as a decimal is $1 \div 100 = 0.01$ .
Find $1$ % of $500$ : Multiply the decimal form of $1$ % by $500$ to find $1$ % of $500$ . $\newline$ $1\%$ of $500 = 0.01 \times 500 = 5$ .

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