# What percent of 500 is 120?

##### 2 Answers

24% of 500 is 120.

#### Explanation:

To rephrase this problem: 120 is what percent of 500.

Let's call the percent we are looking for

Solving for

#### Explanation:

To find out what percentage one quantity is of another quantity:

As soon as you write a fraction it also represents a decimal fraction.

Multiplying by #100% is the same as multiplying by 1, so you are not changing the value of the fraction, only the form of the fraction.

Fraction = decimal = percent

What percent is 120 of 500?

=

In this case you can find the percent by making an equivalent fraction with a denominator of 100.