What is 503 minus 2 percent?

Here we will explain how to calculate the answer to: 503 minus 2 percent. To find the answer, we first calculate what 2 percent of 503 is, and then we deduct that amount from 503 to get the answer.

To get the 2 percent from any number such as 503, we multiply the number by 2 and then divide that answer by 100. Thus, to find 2 percent of 503, we do this:

(503 x 2)/100 = 10.06

Next, we simply subtract 10.06 from 503 like this:

503 - 10.06 = 492.94.

Therefore, as illustrated and calculated above, the answer to "What is 503 minus 2 percent?" is as follows:

492.94

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