Question

how many hundreds are there in 50000

Answer 1

500. 
50000 / 100 = 500
Cut two zeros from the end of 50000 , it's easier that way

Answer 2

To find out how many hundreds there are in 50,000,

or indeed in any number,

and you have to divide said number by 100 it and 50,000 divided by 100 equals 500. 500.  50000 / 100 = 500.

Cut two zeros from the end of 50000, it is easier way.