What is 99 percent of 500?
Answer: 495
Below you can find the procedure and formula used to arrive at the above answer.
Steps:
Lets assume 99 percent of 500 is X.
Therefore, we can also say, X = 99% of 500
99% can also be written as 99/100, because percent denotes a number per 100.
So, X = 99/100 × 500
Or, X = 0.99 × 500
So, X = 495
So, 99% of 500 is 495
(You may also first multiply 99 with 500, and then divide by 100 to find the answer, if that's easier for you.)
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Now that we have calculated the answer, lets verify it using the percentage formula.
Answer verification
Percentage = Value/Total Value × 100
LHS (Percentage) = 99
RHS = 495/500 × 100
Or, RHS = 0.99 × 100
So, RHS = 99
We can see that LHS = RHS, hence it's proved.