What is 2.74 percent of 1.046558 - 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 1.046558 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 1.046558 is 100%, so we can write it down as 1.046558=100%.
4. We know, that x is 2.74% of the output value, so we can write it down as x=2.74%.
5. Now we have two simple equations:
1) 1.046558=100%
2) x=2.74%
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:
1.046558/x=100%/2.74%
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 2.74% of 1.046558

1.046558/x=100/2.74
(1.046558/x)*x=(100/2.74)*x       - we multiply both sides of the equation by x
1.046558=36.496350364963*x       - we divide both sides of the equation by (36.496350364963) to get x
1.046558/36.496350364963=x
0.0286756892=x
x=0.0286756892

now we have:
2.74% of 1.046558=0.0286756892