20270.12 is what percent of 500000 - 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 500000 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 500000, so we can write it down as 100%=500000.
4. We know, that x% equals 20270.12 of the output value, so we can write it down as x%=20270.12.
5. Now we have two simple equations:
1) 100%=500000
2) x%=20270.12
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%=500000/20270.12
6. Now we just have to solve the simple equation, and we will get the solution we are looking for.

7. Solution for 20270.12 is what percent of 500000

100%/x%=500000/20270.12
(100/x)*x=(500000/20270.12)*x       - we multiply both sides of the equation by x
100=24.666849530245*x       - we divide both sides of the equation by (24.666849530245) to get x
100/24.666849530245=x
4.054024=x
x=4.054024

now we have:
20270.12 is 4.054024% of 500000