What is 2.4 percent of 29.99 - 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 29.99 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 29.99 is 100%, so we can write it down as 29.99=100%.
4. We know, that x is 2.4% of the output value, so we can write it down as x=2.4%.
5. Now we have two simple equations:
1) 29.99=100%
2) x=2.4%
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:
29.99/x=100%/2.4%
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 2.4% of 29.99

29.99/x=100/2.4
(29.99/x)*x=(100/2.4)*x       - we multiply both sides of the equation by x
29.99=41.666666666667*x       - we divide both sides of the equation by (41.666666666667) to get x
29.99/41.666666666667=x
0.71976=x
x=0.71976

now we have:
2.4% of 29.99=0.71976