70 is what percent of 62000 - 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 62000 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 62000, so we can write it down as 100%=62000.
4. We know, that x% equals 70 of the output value, so we can write it down as x%=70.
5. Now we have two simple equations:
1) 100%=62000
2) x%=70
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%=62000/70
6. Now we just have to solve the simple equation, and we will get the solution we are looking for.

7. Solution for 70 is what percent of 62000

100%/x%=62000/70
(100/x)*x=(62000/70)*x       - we multiply both sides of the equation by x
100=885.71428571429*x       - we divide both sides of the equation by (885.71428571429) to get x
100/885.71428571429=x
0.11290322580645=x
x=0.11290322580645

now we have:
70 is 0.11290322580645% of 62000