11.45 is what percent of 70000 - 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 70000 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 70000, so we can write it down as 100%=70000.
4. We know, that x% equals 11.45 of the output value, so we can write it down as x%=11.45.
5. Now we have two simple equations:
1) 100%=70000
2) x%=11.45
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%=70000/11.45
6. Now we just have to solve the simple equation, and we will get the solution we are looking for.

7. Solution for 11.45 is what percent of 70000

100%/x%=70000/11.45
(100/x)*x=(70000/11.45)*x       - we multiply both sides of the equation by x
100=6113.5371179039*x       - we divide both sides of the equation by (6113.5371179039) to get x
100/6113.5371179039=x
0.016357142857143=x
x=0.016357142857143

now we have:
11.45 is 0.016357142857143% of 70000