What is 6.72 percent of 550 - 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 550 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 550 is 100%, so we can write it down as 550=100%.
4. We know, that x is 6.72% of the output value, so we can write it down as x=6.72%.
5. Now we have two simple equations:
1) 550=100%
2) x=6.72%
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:
550/x=100%/6.72%
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 6.72% of 550

550/x=100/6.72
(550/x)*x=(100/6.72)*x       - we multiply both sides of the equation by x
550=14.880952380952*x       - we divide both sides of the equation by (14.880952380952) to get x
550/14.880952380952=x
36.96=x
x=36.96

now we have:
6.72% of 550=36.96