Calculation of 0.15 of 500
What is 0.15 of 500?
When you're asked to find 0.15 of a number, it means you need to find 15% of that number. So, in this case, we're going to calculate 15% of 500.
Step-by-Step Calculation
To find 15% of 500, we can use the following formula:
(15/100) × 500
Simplifying the calculation
First, let's convert the percentage into a decimal by dividing by 100:
15/100 = 0.15
Now, multiply 0.15 by 500:
0.15 × 500 = 75
Answer
So, 0.15 of 500 is 75. This means that 15% of 500 is equal to 75.
Real-Life Applications
Calculating percentages is an essential skill in real life. For instance, if you're buying a product that's on sale for 15% off, you'll need to calculate 15% of the original price to find the discount. In this case, if the original price is $500, you'll get a discount of $75, making the new price $425.