Solve 500*7.25%

$$500 \times 7.25 \%$$

Evaluate

$$36.25$$

Solution Steps

Expand \frac{7.25}{100} by multiplying both numerator and the denominator by 100.

$$500\times \frac{725}{10000}$$

Reduce the fraction \frac{725}{10000} to lowest terms by extracting and canceling out 25.

$$500\times \frac{29}{400}$$

Express 500\times \frac{29}{400} as a single fraction.

$$\frac{500\times 29}{400}$$

Multiply 500 and 29 to get 14500.

$$\frac{14500}{400}$$

Reduce the fraction \frac{14500}{400} to lowest terms by extracting and canceling out 100.

$$\frac{145}{4}$$

Factor

$$\frac{5 \cdot 29}{2 ^ {2}} = 36\frac{1}{4} = 36.25$$