Percentages
We want to know how many pounds are the 15% of 500 pounds
In this case 500 would correspond to the 100%. Then we have the following equivalence:
15% → ?
100% → 500 pounds
If we divide each side of the equivalence we have the same result:

Then, the chef used 75 pounds
He has left 500 pounds - 75 pounds = 425 pounds
Answer: 425 pounds