0.01 is what percent of 24000 - step by step solution

To get the solution, we are looking for, we need to point out what we know.

1. We assume, that the number 24000 is 100% - because it's the output value of the task.
2. We assume, that x is the value we are looking for.
3. If 100% equals 24000, so we can write it down as 100%=24000.
4. We know, that x% equals 0.01 of the output value, so we can write it down as x%=0.01.
5. Now we have two simple equations:
1) 100%=24000
2) x%=0.01
where left sides of both of them have the same units, and both right sides have the same units, so we can do something like that:
100%/x%=24000/0.01
6. Now we just have to solve the simple equation, and we will get the solution we are looking for.

7. Solution for 0.01 is what percent of 24000

100%/x%=24000/0.01
(100/x)*x=(24000/0.01)*x       - we multiply both sides of the equation by x
100=2400000*x       - we divide both sides of the equation by (2400000) to get x
100/2400000=x
4.1666666666667E-5=x
x=4.1666666666667E-5

now we have:
0.01 is 4.1666666666667E-5% of 24000