74 is what percent of 120000 - 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 120000 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 120000, so we can write it down as 100%=120000.
4. We know, that x% equals 74 of the output value, so we can write it down as x%=74.
5. Now we have two simple equations:
1) 100%=120000
2) x%=74
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%=120000/74
6. Now we just have to solve the simple equation, and we will get the solution we are looking for.

7. Solution for 74 is what percent of 120000

100%/x%=120000/74
(100/x)*x=(120000/74)*x       - we multiply both sides of the equation by x
100=1621.6216216216*x       - we divide both sides of the equation by (1621.6216216216) to get x
100/1621.6216216216=x
0.061666666666667=x
x=0.061666666666667

now we have:
74 is 0.061666666666667% of 120000