0.12 is what percent of 5000 - 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 5000 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 5000, so we can write it down as 100%=5000.
4. We know, that x% equals 0.12 of the output value, so we can write it down as x%=0.12.
5. Now we have two simple equations:
1) 100%=5000
2) x%=0.12
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%=5000/0.12
6. Now we just have to solve the simple equation, and we will get the solution we are looking for.

7. Solution for 0.12 is what percent of 5000

100%/x%=5000/0.12
(100/x)*x=(5000/0.12)*x       - we multiply both sides of the equation by x
100=41666.666666667*x       - we divide both sides of the equation by (41666.666666667) to get x
100/41666.666666667=x
0.0024=x
x=0.0024

now we have:
0.12 is 0.0024% of 5000