Formula
(500 ÷ 100) x 240 = 1200
Convert percent to decimal
500% to decimal is 500 ÷ 100 = 5
Multiply the decimal number with the second number
5 x 240 = 1200
For example, John needs 500 percent of the shares to be in power. The number of shares is 240. How many shares does John need to buy? What is 500 percent of 240? 500 percent to decimal is equal 500 / 100 = 5 5 x 240 = 1200 so John need to buy 1200 shares