What is 2.98 percent of 37431.58 - 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 37431.58 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 37431.58 is 100%, so we can write it down as 37431.58=100%.
4. We know, that x is 2.98% of the output value, so we can write it down as x=2.98%.
5. Now we have two simple equations:
1) 37431.58=100%
2) x=2.98%
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:
37431.58/x=100%/2.98%
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 2.98% of 37431.58

37431.58/x=100/2.98
(37431.58/x)*x=(100/2.98)*x       - we multiply both sides of the equation by x
37431.58=33.557046979866*x       - we divide both sides of the equation by (33.557046979866) to get x
37431.58/33.557046979866=x
1115.461084=x
x=1115.461084

now we have:
2.98% of 37431.58=1115.461084