What is 6.95 percent of 1500000 - 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 1500000 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 1500000 is 100%, so we can write it down as 1500000=100%.
4. We know, that x is 6.95% of the output value, so we can write it down as x=6.95%.
5. Now we have two simple equations:
1) 1500000=100%
2) x=6.95%
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:
1500000/x=100%/6.95%
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 6.95% of 1500000

1500000/x=100/6.95
(1500000/x)*x=(100/6.95)*x       - we multiply both sides of the equation by x
1500000=14.388489208633*x       - we divide both sides of the equation by (14.388489208633) to get x
1500000/14.388489208633=x
104250=x
x=104250

now we have:
6.95% of 1500000=104250