62 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 62 of the output value, so we can write it down as x%=62.
5. Now we have two simple equations:
1) 100%=700000
2) x%=62
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%=700000/62
6. Now we just have to solve the simple equation, and we will get the solution we are looking for.

7. Solution for 62 is what percent of 700000

100%/x%=700000/62
(100/x)*x=(700000/62)*x       - we multiply both sides of the equation by x
100=11290.322580645*x       - we divide both sides of the equation by (11290.322580645) to get x
100/11290.322580645=x
0.0088571428571429=x
x=0.0088571428571429

now we have:
62 is 0.0088571428571429% of 700000