47070.3 is what percent of 700000 - 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 700000 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 700000, so we can write it down as 100%=700000.
4. We know, that x% equals 47070.3 of the output value, so we can write it down as x%=47070.3.
5. Now we have two simple equations:
1) 100%=700000
2) x%=47070.3
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%=700000/47070.3
6. Now we just have to solve the simple equation, and we will get the solution we are looking for.

7. Solution for 47070.3 is what percent of 700000

100%/x%=700000/47070.3
(100/x)*x=(700000/47070.3)*x       - we multiply both sides of the equation by x
100=14.87137324385*x       - we divide both sides of the equation by (14.87137324385) to get x
100/14.87137324385=x
6.7243285714286=x
x=6.7243285714286

now we have:
47070.3 is 6.7243285714286% of 700000