What is 1.055 percent of 517500 - 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 517500 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 517500 is 100%, so we can write it down as 517500=100%.
4. We know, that x is 1.055% of the output value, so we can write it down as x=1.055%.
5. Now we have two simple equations:
1) 517500=100%
2) x=1.055%
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:
517500/x=100%/1.055%
6. Now we just have to solve the simple equation, and we will get the solution we are looking for.

7. Solution for what is 1.055% of 517500

517500/x=100/1.055
(517500/x)*x=(100/1.055)*x       - we multiply both sides of the equation by x
517500=94.78672985782*x       - we divide both sides of the equation by (94.78672985782) to get x
517500/94.78672985782=x
5459.625=x
x=5459.625

now we have:
1.055% of 517500=5459.625