What is 24.98 percent of 1.06 - 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 1.06 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 1.06 is 100%, so we can write it down as 1.06=100%.
4. We know, that x is 24.98% of the output value, so we can write it down as x=24.98%.
5. Now we have two simple equations:
1) 1.06=100%
2) x=24.98%
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:
1.06/x=100%/24.98%
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 24.98% of 1.06

1.06/x=100/24.98
(1.06/x)*x=(100/24.98)*x       - we multiply both sides of the equation by x
1.06=4.0032025620496*x       - we divide both sides of the equation by (4.0032025620496) to get x
1.06/4.0032025620496=x
0.264788=x
x=0.264788

now we have:
24.98% of 1.06=0.264788