What is 99 percent of 267500 - 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 267500 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 267500 is 100%, so we can write it down as 267500=100%.
4. We know, that x is 99% of the output value, so we can write it down as x=99%.
5. Now we have two simple equations:
1) 267500=100%
2) x=99%
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:
267500/x=100%/99%
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 99% of 267500

267500/x=100/99
(267500/x)*x=(100/99)*x       - we multiply both sides of the equation by x
267500=1.010101010101*x       - we divide both sides of the equation by (1.010101010101) to get x
267500/1.010101010101=x
264825=x
x=264825

now we have:
99% of 267500=264825