What is 1% of 1000?

1% of 1000 refers to one percent of the number 1000. Percentages are fractions of 100, and the formula to calculate 1% of any number is:

Percentage Value=100Percentage​×Number

Calculation:

1% of 1000=1001​×1000=10

Explanation:

• 1% means 1 out of every 100.
• When applying this to 1000, divide it by 100 to get 10.

Final Answer:

1% of 1000 is 10.