1% of 550 equal to 5.5
Calculation steps:
( 1 ÷ 100 ) x 550 = 5.5
Formula
(1 ÷ 100) x 550 = 5.5
Percent to decimal
1% to decimal is 1 ÷ 100 = 0.01
Multiply decimal with the other number
0.01 x 550 = 5.5
Example