15% Of 500 In 5 Easy Steps

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The concept of calculating percentages is an essential mathematical skill that is widely used in various aspects of life, including finance, education, and commerce. When it comes to calculating 15% of 500, it can seem like a daunting task, but with the right approach, it can be broken down into simple and manageable steps.

In this article, we will explore the concept of percentages, understand the meaning of 15% of 500, and provide a step-by-step guide on how to calculate it in 5 easy steps.

What is a Percentage?

A percentage is a way to express a value as a fraction of 100. It is often denoted by the symbol "%", which is derived from the Latin word "per centum", meaning "by the hundred". Percentages are commonly used to represent proportions, such as interest rates, discounts, and growth rates.

Understanding 15% of 500

To understand what 15% of 500 means, let's break it down:

• 15% represents 15 out of 100, or 15/100.
• 500 is the base value that we want to find 15% of.

In essence, we want to find 15% of 500, which is equivalent to finding 15/100 of 500.

Step 1: Convert the Percentage to a Decimal

To calculate 15% of 500, we need to convert the percentage to a decimal. This can be done by dividing the percentage value by 100.

15 ÷ 100 = 0.15

Step 2: Multiply the Decimal by the Base Value

Now that we have the decimal equivalent of 15%, we can multiply it by the base value of 500.

0.15 × 500 =?

To calculate this, we can use a calculator or perform the multiplication manually.

0.15 × 500 = 75

Step 3: Write the Answer as a Percentage

Since we are calculating a percentage, it's essential to write the answer as a percentage.

75 = 15% of 500

Alternatively, we can write the answer as a fraction:

75/500 = 15/100

Step 4: Check the Answer

To ensure the accuracy of our calculation, it's essential to check the answer.

We can do this by converting the percentage back to a decimal and multiplying it by the base value.

15% = 0.15 0.15 × 500 = 75

Since the answer matches our initial calculation, we can be confident that it is correct.

Step 5: Practice, Practice, Practice!

Calculating percentages is an essential skill that requires practice to master. To become proficient in calculating percentages, it's essential to practice regularly.

Try calculating different percentages of various base values to improve your skills.

In conclusion, calculating 15% of 500 can be broken down into 5 easy steps:

1. Convert the percentage to a decimal.
2. Multiply the decimal by the base value.
3. Write the answer as a percentage.
4. Check the answer.
5. Practice, practice, practice!

By following these steps, you can become proficient in calculating percentages and improve your mathematical skills.

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