1050.01 is what percent of 7000 - 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 7000 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 7000, so we can write it down as 100%=7000.
4. We know, that x% equals 1050.01 of the output value, so we can write it down as x%=1050.01.
5. Now we have two simple equations:
1) 100%=7000
2) x%=1050.01
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%=7000/1050.01
6. Now we just have to solve the simple equation, and we will get the solution we are looking for.

7. Solution for 1050.01 is what percent of 7000

100%/x%=7000/1050.01
(100/x)*x=(7000/1050.01)*x       - we multiply both sides of the equation by x
100=6.6666031752079*x       - we divide both sides of the equation by (6.6666031752079) to get x
100/6.6666031752079=x
15.000142857143=x
x=15.000142857143

now we have:
1050.01 is 15.000142857143% of 7000