What is 2.3 percent of 47500 - 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 47500 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 47500 is 100%, so we can write it down as 47500=100%.
4. We know, that x is 2.3% of the output value, so we can write it down as x=2.3%.
5. Now we have two simple equations:
1) 47500=100%
2) x=2.3%
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:
47500/x=100%/2.3%
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 2.3% of 47500

47500/x=100/2.3
(47500/x)*x=(100/2.3)*x       - we multiply both sides of the equation by x
47500=43.478260869565*x       - we divide both sides of the equation by (43.478260869565) to get x
47500/43.478260869565=x
1092.5=x
x=1092.5

now we have:
2.3% of 47500=1092.5