699.03 is what percent of 1240 - 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 1240 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 1240, so we can write it down as 100%=1240.
4. We know, that x% equals 699.03 of the output value, so we can write it down as x%=699.03.
5. Now we have two simple equations:
1) 100%=1240
2) x%=699.03
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%=1240/699.03
6. Now we just have to solve the simple equation, and we will get the solution we are looking for.

7. Solution for 699.03 is what percent of 1240

100%/x%=1240/699.03
(100/x)*x=(1240/699.03)*x       - we multiply both sides of the equation by x
100=1.7738866715305*x       - we divide both sides of the equation by (1.7738866715305) to get x
100/1.7738866715305=x
56.373387096774=x
x=56.373387096774

now we have:
699.03 is 56.373387096774% of 1240