What is 1.57 percent of 74000 - 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 74000 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 74000 is 100%, so we can write it down as 74000=100%.
4. We know, that x is 1.57% of the output value, so we can write it down as x=1.57%.
5. Now we have two simple equations:
1) 74000=100%
2) x=1.57%
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:
74000/x=100%/1.57%
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 1.57% of 74000

74000/x=100/1.57
(74000/x)*x=(100/1.57)*x       - we multiply both sides of the equation by x
74000=63.694267515924*x       - we divide both sides of the equation by (63.694267515924) to get x
74000/63.694267515924=x
1161.8=x
x=1161.8

now we have:
1.57% of 74000=1161.8