7 is what percent of 340000 - 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 340000 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 340000, so we can write it down as 100%=340000.
4. We know, that x% equals 7 of the output value, so we can write it down as x%=7.
5. Now we have two simple equations:
1) 100%=340000
2) x%=7
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%=340000/7
6. Now we just have to solve the simple equation, and we will get the solution we are looking for.

7. Solution for 7 is what percent of 340000

100%/x%=340000/7
(100/x)*x=(340000/7)*x       - we multiply both sides of the equation by x
100=48571.428571429*x       - we divide both sides of the equation by (48571.428571429) to get x
100/48571.428571429=x
0.0020588235294118=x
x=0.0020588235294118

now we have:
7 is 0.0020588235294118% of 340000