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

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?

27%=(27/100)

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

Correct answer

To identify the rate in the statement "27% of 500 is 135," we need to understand that the term "rate" refers to a proportion or percentage relationship between two quantities.

In this case, the percentage "27%" represents the rate we are looking for. It shows the proportion or fraction of 500. To calculate the rate, we divide the given quantity (135) by the total quantity (500) and then multiply the result by 100 to express it as a percentage.

Therefore, the rate can be determined by dividing 135 by 500 and multiplying the result by 100. Let's calculate it:

Rate = (135 / 500) * 100
= 0.27 * 100
= 27%

Hence, the rate in the statement "27% of 500 is 135" is 27%.