What is 12% of 500?
60 — to find 12% of 500, you multiply 500 by 12 and divide by 100. This is one of the most common percentage calculations, frequently used for figuring out taxes, discounts, commissions, and tips.
Percentage calculations are essential in finance, retail, academics, and daily life. Whether you are calculating a sales commission, figuring out a test score, or determining how much to leave as a tip, understanding percentages saves time and prevents errors.
Below is the step-by-step calculation used to determine the result.
Answer
60
500 × 12/100 = 60
Convert percentage to decimal
12% = 0.12
Multiply
0.12 × 500 = 60
Step-by-Step Solution
Convert percentage to decimal: 12% = 0.12
Multiply: 0.12 × 500 = 60
Therefore, 12% of 500 is 60
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