How many hundreds are there in 5000?

As an expert in the field of mathematics, I can help clarify the concept of place value and how it applies to the question at hand. Place value is a system that assigns a value to each digit based on its position within a number. In the decimal system, which is the most commonly used system worldwide, each position represents a power of ten. This means that the rightmost digit represents units, the next to the right tens, then hundreds, and so on.
To determine how many hundreds are in 5000, we can break down the number into its place values. The number 5000 can be expressed as \(5 \times 1000\), where the 5 is in the thousands place. Since one thousand is equivalent to ten hundreds, we can see that there are \(5 \times 10 = 50\) hundreds in 5000.

Now, let's address the reference content provided. The statement "50 tens = 500" is correct; ten tens indeed equal one hundred, and five times that would be five hundred. However, the addition of a zero to make "50 tens are 5 hundreds" is a misunderstanding of the place value system. When we say "50 tens," we are already at the hundreds place, not needing to add another zero to represent hundreds. Instead, we should recognize that ten tens make a hundred, and therefore, fifty tens make five hundreds.

To summarize, there are 50 hundreds in 5000. This is because each hundred represents \(10^2\) or 100, and when you multiply 50 by 100, you get \(50 \times 100 = 5000\).

Now, let's proceed with the steps as requested:

50 tens = 500. (Add on a 0.) 50 tens are 5 hundreds. Answer.