Master Wang remitted 500 yuan from the post office to his home. According to regulations, the remittance fee was 1% of the remittance amount. How much remittance fee should Mr. Wang pay?
王师傅从邮局给家中汇款500元，按规定，汇费是汇款数的1%．王师傅应付汇费多少元？
<gadget id="calculator">1 / 100</gadget>
<output>1/100 = around 0.01</output>

<gadget id="calculator">500 * (1/100)</gadget>
<output>5</output>

<result>5</result>