To find out what 15 out of 500 represents, we need to calculate the fraction of 15 in relation to 500. This can be done by dividing 15 by 500.
Here’s the calculation:
15 ÷ 500 = 0.03
This result can also be expressed as a percentage. To convert this decimal into a percentage, simply multiply by 100:
0.03 × 100 = 3%
So, 15 out of 500 is equal to 3%. This means that if you have a total of 500 items, 15 of them would constitute 3% of that total.
This kind of calculation is often used in various contexts, such as determining proportions, measuring statistics, or understanding data in a more digestible format. Knowing how to calculate and interpret such ratios can be very helpful in many real-life situations, like budgeting, analyzing survey data, or even in academic settings.