What is 8% of 500?

Instant answer with step-by-step formula

What is 8% of 500 = 40
8 ÷ 100 × 500 = 40

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Step-by-step explanation

  1. Write the formula: Percentage × Value ÷ 100
  2. Substitute the values: 8 × 500 ÷ 100
  3. Multiply: 4000 ÷ 100
  4. Divide to get the answer: 40

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