Whenever you're trying to find the percentage of a number, it may be easiest for you to first convert the percentage into a decimal. Of course you don't need to do this, but for many people this helps them understand the calculation and process the answer much more quickly.
To go from a percentage to a decimal, we simply look at the percentage as if it was out of 100%. So if you're looking for a 20% percentage, think of it as 20/100%, or simply 0.20.
In your question, we are looking for 10%. Similarly, that is equal exactly to 1/10, or 0.10.
Next, in order to find the percentage of a number, all we need to do is simply multiple the percentage (or decimal) by that number. Thus, in order to find what 10% of $500 is, the calculation is as simple as this:
0.10 x 500 = $50
Fifty dollars is your answer. Just so you can fully understand how to calculate these, let's do another more difficult example. For instance, what is 15% of 850?
0.15 x 850 = 127.50
Calculating the percentage of a number is a very important, yet basic math skill to have. It is essential in many different parts of life. I hope this has helped you understand how to calculate them.
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