What is 1 Percent of 50,000?

1 percent of 50,000 is 500.

To calculate 1 percent of 50,000, you can use the following formula:

Formula: (1 / 100) * 50,000

Let’s break it down:

1. Divide 1 by 100 to convert the percentage to a decimal: 1 / 100 = 0.01
2. Multiply the decimal by 50,000: 0.01 * 50,000 = 500

So, 1 percent of 50,000 is 500.