The answer is 10. Below: three ways to calculate it, a mental shortcut, and the real-world contexts where this percentage shows up.
2% of 500 is 10.
2% of 500 — small commissions and rebates.
Divide the percent by 100 to convert it: 2 ÷ 100 = 0.02.
Multiply: 500 × 0.02 = 10.
2% means 2/100. So 2% of 500 is (2 × 500) ÷ 100.
Compute: 2 × 500 = 1000, then divide: 1000 ÷ 100 = 10.
No single elegant mental shortcut for 2% — but you can always split: 2% = (some 10%) + (some 5%) + (some 1%). Try 0×(10% of 500) plus 2×(1% of 500).
A commission is a percentage of a transaction paid to a salesperson or affiliate. The base is usually the gross sale amount.
A 2% commission on a $500 sale pays the seller $10.
If you only needed to look up this one number, here are some related ones using the same base of 500:
| Calculation | Answer |
|---|---|
| 3% of 500 | 15 |
| 5% of 500 | 25 |
| 10% of 500 | 50 |
| 15% of 500 | 75 |
| Calculation | Answer |
|---|---|
| 2% of 2 | 0.04 |
| 2% of 3 | 0.06 |
| 2% of 5 | 0.1 |
| 2% of 10 | 0.2 |
| 2% of 15 | 0.3 |
For any percentage of any number, use our percentage of a number calculator.
Multiply 500 by 0.02 (the decimal form of 2%). Or equivalently, multiply by 2/100. The result is 10.
Divide 10 by 500 and multiply by 100. That is exactly 2% — confirming the original calculation.