0.02 is what percent of 55000 - 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 55000 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 55000, so we can write it down as 100%=55000.
4. We know, that x% equals 0.02 of the output value, so we can write it down as x%=0.02.
5. Now we have two simple equations:
1) 100%=55000
2) x%=0.02
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%=55000/0.02
6. Now we just have to solve the simple equation, and we will get the solution we are looking for.

7. Solution for 0.02 is what percent of 55000

100%/x%=55000/0.02
(100/x)*x=(55000/0.02)*x       - we multiply both sides of the equation by x
100=2750000*x       - we divide both sides of the equation by (2750000) to get x
100/2750000=x
3.6363636363636E-5=x
x=3.6363636363636E-5

now we have:
0.02 is 3.6363636363636E-5% of 55000