62321.08 is what percent of 112500 - 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 112500 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 112500, so we can write it down as 100%=112500.
4. We know, that x% equals 62321.08 of the output value, so we can write it down as x%=62321.08.
5. Now we have two simple equations:
1) 100%=112500
2) x%=62321.08
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%=112500/62321.08
6. Now we just have to solve the simple equation, and we will get the solution we are looking for.

7. Solution for 62321.08 is what percent of 112500

100%/x%=112500/62321.08
(100/x)*x=(112500/62321.08)*x       - we multiply both sides of the equation by x
100=1.8051676896485*x       - we divide both sides of the equation by (1.8051676896485) to get x
100/1.8051676896485=x
55.396515555556=x
x=55.396515555556

now we have:
62321.08 is 55.396515555556% of 112500