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Home » Quick Answers » 1% of 500

What is 1% of 500?

1% of 500 = 5
500 × 1/100 = 5

How to calculate 1% of 500

Multiply 500 by 1 and divide by 100: 500 × 1 ÷ 100 = 5. Equivalent shortcut: 500 × 0.01 = 5.

As a discount

A 1% discount on a 500 purchase saves you 5, so you pay 495. Stacking more discounts? Use the Discount & Tax Calculator — stacked discounts multiply, they don't add.

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