What is 2.92 percent of 20000 - 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 20000 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 20000 is 100%, so we can write it down as 20000=100%.
4. We know, that x is 2.92% of the output value, so we can write it down as x=2.92%.
5. Now we have two simple equations:
1) 20000=100%
2) x=2.92%
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:
20000/x=100%/2.92%
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 2.92% of 20000

20000/x=100/2.92
(20000/x)*x=(100/2.92)*x       - we multiply both sides of the equation by x
20000=34.246575342466*x       - we divide both sides of the equation by (34.246575342466) to get x
20000/34.246575342466=x
584=x
x=584

now we have:
2.92% of 20000=584