What is 550 percent of 240000 - 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 240000 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 240000 is 100%, so we can write it down as 240000=100%.
4. We know, that x is 550% of the output value, so we can write it down as x=550%.
5. Now we have two simple equations:
1) 240000=100%
2) x=550%
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:
240000/x=100%/550%
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 550% of 240000

240000/x=100/550
(240000/x)*x=(100/550)*x       - we multiply both sides of the equation by x
240000=0.18181818181818*x       - we divide both sides of the equation by (0.18181818181818) to get x
240000/0.18181818181818=x
1320000=x
x=1320000

now we have:
550% of 240000=1320000