What is 500 times 3 percent? (500 x 3%)

What is 500 times 3 percent?

Here we will show you two different yet similar ways of calculating 500 times 3 percent (500 x 3%). The idea is to show you different ways of calculating 500 times 3 percent so you will have a good understanding of the underlying process of multiplying any number with any percent.

We start by converting 3 percent to a decimal number by dividing 3 by 100 and then we multiply that decimal number by 500. Here is the math to illustrate:

3 / 100 = 0.03
500 x 0.03 = 15

The reason we divide 3 by 100 above is because 3 percent means per 100. You can actually divide by 100 after you multiply 500 by 3 and get the same answer. Again, here is the math to illustrate:

500 x 3 = 1500
1500 / 100 = 15

The key is to remember is that "percent" in 3 percent means per hundred and you have to adjust for that with problems like this. To summarize, here is 500 times 3 percent with the answer:

500 x 3 percent = 15

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