1.12 is what percent of 300000 - 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 300000 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 300000, so we can write it down as 100%=300000.
4. We know, that x% equals 1.12 of the output value, so we can write it down as x%=1.12.
5. Now we have two simple equations:
1) 100%=300000
2) x%=1.12
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%=300000/1.12
6. Now we just have to solve the simple equation, and we will get the solution we are looking for.

7. Solution for 1.12 is what percent of 300000

100%/x%=300000/1.12
(100/x)*x=(300000/1.12)*x       - we multiply both sides of the equation by x
100=267857.14285714*x       - we divide both sides of the equation by (267857.14285714) to get x
100/267857.14285714=x
0.00037333333333333=x
x=0.00037333333333333

now we have:
1.12 is 0.00037333333333333% of 300000