What is 1.066 percent of 5000 - 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 5000 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 5000 is 100%, so we can write it down as 5000=100%.
4. We know, that x is 1.066% of the output value, so we can write it down as x=1.066%.
5. Now we have two simple equations:
1) 5000=100%
2) x=1.066%
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:
5000/x=100%/1.066%
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 1.066% of 5000

5000/x=100/1.066
(5000/x)*x=(100/1.066)*x       - we multiply both sides of the equation by x
5000=93.808630393996*x       - we divide both sides of the equation by (93.808630393996) to get x
5000/93.808630393996=x
53.3=x
x=53.3

now we have:
1.066% of 5000=53.3