0.06 is what percent of 500
To find the percentage, we need to calculate the ratio of 0.06 to 500 and then multiply it by 100.
Step 1: Calculate the ratio
Divide 0.06 by 500:
0.06 ÷ 500 = 0.00012
Step 2: Multiply by 100
Multiply the result by 100 to convert it to a percentage:
0.00012 × 100 = 0.012%
Therefore, 0.06 is 0.012% of 500.
In other words, 0.06 is a very small fraction of 500, equivalent to 1/8,333 of the original value.
