What is 1.062 percent of 5070 - 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 5070 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 5070 is 100%, so we can write it down as 5070=100%.
4. We know, that x is 1.062% of the output value, so we can write it down as x=1.062%.
5. Now we have two simple equations:
1) 5070=100%
2) x=1.062%
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:
5070/x=100%/1.062%
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 1.062% of 5070

5070/x=100/1.062
(5070/x)*x=(100/1.062)*x       - we multiply both sides of the equation by x
5070=94.161958568738*x       - we divide both sides of the equation by (94.161958568738) to get x
5070/94.161958568738=x
53.8434=x
x=53.8434

now we have:
1.062% of 5070=53.8434