1.01 is what percent of 618 - 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 618 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 618, so we can write it down as 100%=618.
4. We know, that x% equals 1.01 of the output value, so we can write it down as x%=1.01.
5. Now we have two simple equations:
1) 100%=618
2) x%=1.01
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%=618/1.01
6. Now we just have to solve the simple equation, and we will get the solution we are looking for.

7. Solution for 1.01 is what percent of 618

100%/x%=618/1.01
(100/x)*x=(618/1.01)*x       - we multiply both sides of the equation by x
100=611.88118811881*x       - we divide both sides of the equation by (611.88118811881) to get x
100/611.88118811881=x
0.16343042071197=x
x=0.16343042071197

now we have:
1.01 is 0.16343042071197% of 618