What is 550 plus 1 percent?

What is 550 plus 1 percent (550 plus 1%)? Simply put, what do you get if you add 1 percent to 550? Here we will show you how to calculate 550 plus 1 percent using a two-step process.

Step 1) Calculate 1 percent of 550: To calculate 1 percent of 550, you multiply 1 by 550 and then divide the product you get by 100. Here is the math to illustrate:

1 x 550 = 550
550 / 100 = 5.5

Step 2) Add the 1 percent you calculated in Step 1 to 550. Here is the math to illustrate:

550 + 5.5 = 555.5

Therefore, the answer to "What is 550 plus 1 percent?" is:

555.5

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