What is 118 percent of 26967.29 - 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 26967.29 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 26967.29 is 100%, so we can write it down as 26967.29=100%.
4. We know, that x is 118% of the output value, so we can write it down as x=118%.
5. Now we have two simple equations:
1) 26967.29=100%
2) x=118%
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:
26967.29/x=100%/118%
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 118% of 26967.29

26967.29/x=100/118
(26967.29/x)*x=(100/118)*x       - we multiply both sides of the equation by x
26967.29=0.84745762711864*x       - we divide both sides of the equation by (0.84745762711864) to get x
26967.29/0.84745762711864=x
31821.4022=x
x=31821.4022

now we have:
118% of 26967.29=31821.4022