1.24 is what percent of 1.03333 - 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 1.03333 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 1.03333, so we can write it down as 100%=1.03333.
4. We know, that x% equals 1.24 of the output value, so we can write it down as x%=1.24.
5. Now we have two simple equations:
1) 100%=1.03333
2) x%=1.24
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%=1.03333/1.24
6. Now we just have to solve the simple equation, and we will get the solution we are looking for.

7. Solution for 1.24 is what percent of 1.03333

100%/x%=1.03333/1.24
(100/x)*x=(1.03333/1.24)*x       - we multiply both sides of the equation by x
100=0.83333064516129*x       - we divide both sides of the equation by (0.83333064516129) to get x
100/0.83333064516129=x
120.00038709802=x
x=120.00038709802

now we have:
1.24 is 120.00038709802% of 1.03333