What is 550 plus 5 percent?

What is 550 plus 5 percent (550 plus 5%)? Simply put, what do you get if you add 5 percent to 550? Here we will show you how to calculate 550 plus 5 percent using a two-step process.

Step 1) Calculate 5 percent of 550: To calculate 5 percent of 550, you multiply 5 by 550 and then divide the product you get by 100. Here is the math to illustrate:

5 x 550 = 2750
2750 / 100 = 27.5

Step 2) Add the 5 percent you calculated in Step 1 to 550. Here is the math to illustrate:

550 + 27.5 = 577.5

Therefore, the answer to "What is 550 plus 5 percent?" is:

577.5

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