What is 101 percent of 103 - 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 103 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 103 is 100%, so we can write it down as 103=100%.
4. We know, that x is 101% of the output value, so we can write it down as x=101%.
5. Now we have two simple equations:
1) 103=100%
2) x=101%
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:
103/x=100%/101%
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 101% of 103

103/x=100/101
(103/x)*x=(100/101)*x       - we multiply both sides of the equation by x
103=0.99009900990099*x       - we divide both sides of the equation by (0.99009900990099) to get x
103/0.99009900990099=x
104.03=x
x=104.03

now we have:
101% of 103=104.03