54.95 is what percent of 350000 - 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 350000 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 350000, so we can write it down as 100%=350000.
4. We know, that x% equals 54.95 of the output value, so we can write it down as x%=54.95.
5. Now we have two simple equations:
1) 100%=350000
2) x%=54.95
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%=350000/54.95
6. Now we just have to solve the simple equation, and we will get the solution we are looking for.

7. Solution for 54.95 is what percent of 350000

100%/x%=350000/54.95
(100/x)*x=(350000/54.95)*x       - we multiply both sides of the equation by x
100=6369.4267515924*x       - we divide both sides of the equation by (6369.4267515924) to get x
100/6369.4267515924=x
0.0157=x
x=0.0157

now we have:
54.95 is 0.0157% of 350000