58839.93 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 58839.93 of the output value, so we can write it down as x%=58839.93.
5. Now we have two simple equations:
1) 100%=500000
2) x%=58839.93
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%=500000/58839.93
6. Now we just have to solve the simple equation, and we will get the solution we are looking for.

7. Solution for 58839.93 is what percent of 500000

100%/x%=500000/58839.93
(100/x)*x=(500000/58839.93)*x       - we multiply both sides of the equation by x
100=8.4976307755635*x       - we divide both sides of the equation by (8.4976307755635) to get x
100/8.4976307755635=x
11.767986=x
x=11.767986

now we have:
58839.93 is 11.767986% of 500000