What is 4.88 percent of 62000 - 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 62000 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 62000 is 100%, so we can write it down as 62000=100%.
4. We know, that x is 4.88% of the output value, so we can write it down as x=4.88%.
5. Now we have two simple equations:
1) 62000=100%
2) x=4.88%
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:
62000/x=100%/4.88%
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 4.88% of 62000

62000/x=100/4.88
(62000/x)*x=(100/4.88)*x       - we multiply both sides of the equation by x
62000=20.491803278689*x       - we divide both sides of the equation by (20.491803278689) to get x
62000/20.491803278689=x
3025.6=x
x=3025.6

now we have:
4.88% of 62000=3025.6