Identify the rate in the following statement:27% of 500 is 135.

Answer 1

http://www.google.com/search?hl=en&defl=en&q=define:rate&sa=X&ei=l3XNTMDrM4eglAeY8PyaBg&ved=0CBwQkAE

The number that is NOT a specific number is the rate. Which of those three is it, do you think?

Answer 2

27%=(27/100)

27%*500=(27/100)*500
=(27*500)/100
=27*5=135

Correct answer