1.02 is what percent of 1500000 - 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 1500000 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 1500000, so we can write it down as 100%=1500000.
4. We know, that x% equals 1.02 of the output value, so we can write it down as x%=1.02.
5. Now we have two simple equations:
1) 100%=1500000
2) x%=1.02
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%=1500000/1.02
6. Now we just have to solve the simple equation, and we will get the solution we are looking for.

7. Solution for 1.02 is what percent of 1500000

100%/x%=1500000/1.02
(100/x)*x=(1500000/1.02)*x       - we multiply both sides of the equation by x
100=1470588.2352941*x       - we divide both sides of the equation by (1470588.2352941) to get x
100/1470588.2352941=x
6.8E-5=x
x=6.8E-5

now we have:
1.02 is 6.8E-5% of 1500000