49974.3 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 49974.3 of the output value, so we can write it down as x%=49974.3.
5. Now we have two simple equations:
1) 100%=70000
2) x%=49974.3
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%=70000/49974.3
6. Now we just have to solve the simple equation, and we will get the solution we are looking for.

7. Solution for 49974.3 is what percent of 70000

100%/x%=70000/49974.3
(100/x)*x=(70000/49974.3)*x       - we multiply both sides of the equation by x
100=1.4007199700646*x       - we divide both sides of the equation by (1.4007199700646) to get x
100/1.4007199700646=x
71.391857142857=x
x=71.391857142857

now we have:
49974.3 is 71.391857142857% of 70000