What is 1.74 percent of 540000 - 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 540000 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 540000 is 100%, so we can write it down as 540000=100%.
4. We know, that x is 1.74% of the output value, so we can write it down as x=1.74%.
5. Now we have two simple equations:
1) 540000=100%
2) x=1.74%
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:
540000/x=100%/1.74%
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 1.74% of 540000

540000/x=100/1.74
(540000/x)*x=(100/1.74)*x       - we multiply both sides of the equation by x
540000=57.471264367816*x       - we divide both sides of the equation by (57.471264367816) to get x
540000/57.471264367816=x
9396=x
x=9396

now we have:
1.74% of 540000=9396