What is 3 percent of 2366.95 - 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 2366.95 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 2366.95 is 100%, so we can write it down as 2366.95=100%.
4. We know, that x is 3% of the output value, so we can write it down as x=3%.
5. Now we have two simple equations:
1) 2366.95=100%
2) x=3%
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:
2366.95/x=100%/3%
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 3% of 2366.95

2366.95/x=100/3
(2366.95/x)*x=(100/3)*x       - we multiply both sides of the equation by x
2366.95=33.333333333333*x       - we divide both sides of the equation by (33.333333333333) to get x
2366.95/33.333333333333=x
71.0085=x
x=71.0085

now we have:
3% of 2366.95=71.0085