We’ll explain what 15 percent of 500 means and then show you how we calculated it. While several simple tricks to find the answer to “What is 15% of 500?
This article focuses on how to calculate 15 percent of 500 in an easy way. Firstly, we should remember that fifteen percent of five hundred can also be written as 15% of 500. As a result, we can use either of them to get the answer to this question.
Perhaps you need to figure out the exact value of 15% of 500 and use it to calculate the currency of different countries, such as American dollars, British pounds, Euros, Indian rupees, Japanese yen, Chinese yuan, Pesos, and other currencies. The best part is that you can find an exact solution to any percentage problem using the methods described in this article. This page contains a detailed explanation that will assist you in solving this equation.
Answer: 15% of 500 is 75
Multiple methods of calculating percentage problems will help you find shortcuts for solving any percentage deduction problem. Here we have shown more than three different ways to subtract the actual percentage value from the main value. As a result, it gives you a comprehensive understanding of a defined percentage of the main value and provides you with different procedures that you can use to calculate any specified percentage of any value in the future.
A pie chart depicting fifteen percent of five hundred
A pie chart depicting 15% of 500 is shown below. The total pie has 500 parts (left side), and the blue part of the pie is 75 parts, or 15 percent of 500, which was subtracted (right side).
It’s worth noting that the parts don’t have to be the same. It could be 15 percent of 500 of anything such as liquids, powders, shares, things, people, money, animals, or something similar. Whatever the percentage is, 15% of the pie chart (500 parts) will appear the same.
Calculate what is 15 percent of 500.
We already have our total value/main value, as well as our percentage value, which we should use to subtract an unknown value from the main value. So, assume that the unknown value is Y, which answer we will find out using a series of steps.
It can be subtracted using one of the following equations:
(Absolute value × Percent value)/100 = Part
(Absolute value × 100)/Percent value = Part
Incorporate the values using one of the above equations.
(500 × 15)/100% = 7500/100 = 75
(15/100%) × 500 = 0.15× 500 = 75
What is 15 percent of 500?
The part is subtracted from the main value in the step-by-step procedure.
Now we need to calculate 15% of 500, as explained in the procedure.
Step 1: In this case, the absolute value is 500.
Step 2: Assume that the value of y in the below equation is unknown.
Step 3: Assume that the value of 500 is 100 percent.
Step 4: In the same way, y = 15%.
We now have two equations as a result of these steps.
Equation 1: 500 = 100%
Equation 2: y = 15%
Step 5: Divide equation 1 by equation 2 and note that both equations’ RHS (right-hand sides) have the same unit (%).
500/y = 100%/15%.
Step 6: Finally, the reciprocal of both sides results in
y/500 = 15%/100%
As a result, y= 75
Therefore, 15% of 500 is 75
Simple methods to get the answer to this question?
There are two simple ways through which you can get an exact answer to any percentage problem. In the first method, divide both the percent value of 15 and the main value of 500 by 10 to get their decimal or single-digit values. To get the final value, multiply them together (1.5 * 50) as shown in the diagram.
In the second method, divide only one of these values (500 or 15) by 100 and multiply them together to get the actual answer.
How do you find 15 percent of 500 in a simple way?
When you multiply both 0.15 and 500 together, you get 75, which is 15% of 500.
The 0.15 represents 15%, which is obtained by dividing the 15 by 100 (15/100=0.15).
Dividing the percent (15%) by 100 and multiplying by the main number (500) is the simplest way to solve this problem. To get 0.15, divide 15 by 100. From there, multiply the decimal form of a percent (0.15) by 500 to get 75.
What is 15% off 500 dollars purchase?
You will pay $425 for an item when you get a 15 percent discount off the original price of $500. You’ll be given an $75 refund or discount.
What is 15% off a 500-euro purchase?
With a 15% discount, any item that would normally cost €500 will now cost €425 only. You’ll save €75.
What is fifteen percent of five hundred British Pounds?
We multiply 15% by 500 to get 75 British pounds, just like we did with other currencies.
How much is 15% of five hundred rupees?
We use the same formula as with other currencies and multiply 0.15 by 500 rupees to get an answer of 75 rupees.
Question: Your father bought you a gift with a 15% discount on the actual price of $500. How much money did your father save from the total price ($500) of the gift?
Answer: Your father saved 75 and paid 425.
Question: You got a 15% off offer on a wristwatch, which normally costs $500. What percentage of the watch’s total cost ($500) did you save?
Answer: You had 75 dollars saved and had to pay 425 dollars.
Question: Your brother purchased a ring valued at 500 dollars and decided to sell it back to someone with a 15% discount. How much money did your brother lose from the ring’s total cost?
Answer: Your brother lost 75 dollars and sold it for 425 dollars.
The importance of calculating percentages
We use the formula above to find the answer when subtracting any percent (%) of any digit, a product discount, a tax, a cashback bonus on any deal, bank interest, discount offers, annual interest rates, monthly salaries, charges, loan interest rates, dollars, rupees, pounds, commissions, coupons, percentage of shares, or anything else. The calculation equation above is straightforward and natural. Using the simple tricks above, you can also compute other numeric values using the calculator available on mobile phones.
- This concludes our tutorial. We hope we’ve succeeded in making you an expert at solving percentage problems, at least when it comes to finding the answer to this question.
- Some of you might be wondering about the different methods given in this article for calculating the percentage of any value.
- These may appear to be simple equations, but understanding the simple trick behind any of the above will help you solve your problem with less confusion and make a more informed decision about whether or not it is a good deal for you in currency matters.
- Overall, try practicing with the other problems below if you think you’ve learned some new tricks for calculating percentage values.