What is 500 plus 3 percent?

What is 500 plus 3 percent (500 plus 3%)? Simply put, what do you get if you add 3 percent to 500? Here we will show you how to calculate 500 plus 3 percent using a two-step process.

Step 1) Calculate 3 percent of 500: To calculate 3 percent of 500, you multiply 3 by 500 and then divide the product you get by 100. Here is the math to illustrate:

3 x 500 = 1500
1500 / 100 = 15

Step 2) Add the 3 percent you calculated in Step 1 to 500. Here is the math to illustrate:

500 + 15 = 515

Therefore, the answer to "What is 500 plus 3 percent?" is:

515

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