To calculate 62% of 550, you can use the formula:
\[ \text{Percentage} = \left( \frac{\text{Percent}}{100} \right) \times \text{Total} \]
So, for your question:
\[ 62% \text{ of } 550 = \left( \frac{62}{100} \right) \times 550 \]
Calculating this:
\[ 62 \times 550 = 34100 \] \[ \frac{34100}{100} = 341 \]
Thus, 62% of 550 is 341.