What is 7.23 percent of 5500000 - 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 5500000 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 5500000 is 100%, so we can write it down as 5500000=100%.
4. We know, that x is 7.23% of the output value, so we can write it down as x=7.23%.
5. Now we have two simple equations:
1) 5500000=100%
2) x=7.23%
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:
5500000/x=100%/7.23%
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 7.23% of 5500000

5500000/x=100/7.23
(5500000/x)*x=(100/7.23)*x       - we multiply both sides of the equation by x
5500000=13.831258644537*x       - we divide both sides of the equation by (13.831258644537) to get x
5500000/13.831258644537=x
397650=x
x=397650

now we have:
7.23% of 5500000=397650