What is 500 minus 3 percent?


Here we will explain how to calculate the answer to: 500 minus 3 percent. To find the answer, we first calculate what 3 percent of 500 is, and then we deduct that amount from 500 to get the answer.

To get the 3 percent from any number such as 500, we multiply the number by 3 and then divide that answer by 100. Thus, to find 3 percent of 500, we do this:

(500 x 3)/100 = 15

Next, we simply subtract 15 from 500 like this:

500 - 15 = 485.

Therefore, as illustrated and calculated above, the answer to "What is 500 minus 3 percent?" is as follows:

485


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