93 is what percent of 1.031 - 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 1.031 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 1.031, so we can write it down as 100%=1.031.
4. We know, that x% equals 93 of the output value, so we can write it down as x%=93.
5. Now we have two simple equations:
1) 100%=1.031
2) x%=93
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%=1.031/93
6. Now we just have to solve the simple equation, and we will get the solution we are looking for.

7. Solution for 93 is what percent of 1.031

100%/x%=1.031/93
(100/x)*x=(1.031/93)*x       - we multiply both sides of the equation by x
100=0.011086021505376*x       - we divide both sides of the equation by (0.011086021505376) to get x
100/0.011086021505376=x
9020.3685741998=x
x=9020.3685741998

now we have:
93 is 9020.3685741998% of 1.031