What is 1.195 percent of 24718.73 - 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 24718.73 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 24718.73 is 100%, so we can write it down as 24718.73=100%.
4. We know, that x is 1.195% of the output value, so we can write it down as x=1.195%.
5. Now we have two simple equations:
1) 24718.73=100%
2) x=1.195%
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:
24718.73/x=100%/1.195%
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 1.195% of 24718.73

24718.73/x=100/1.195
(24718.73/x)*x=(100/1.195)*x       - we multiply both sides of the equation by x
24718.73=83.682008368201*x       - we divide both sides of the equation by (83.682008368201) to get x
24718.73/83.682008368201=x
295.3888235=x
x=295.3888235

now we have:
1.195% of 24718.73=295.3888235