488.45 is what percent of 500 - step by step solution

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To get the solution, we are looking for, we need to point out what we know.

1. We assume, that the number 500 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 100% equals 500, so we can write it down as 100%=500.
4. We know, that x% equals 488.45 of the output value, so we can write it down as x%=488.45.
5. Now we have two simple equations:
1) 100%=500
2) x%=488.45
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:
100%/x%=500/488.45
6. Now we just have to solve the simple equation, and we will get the solution we are looking for.

7. Solution for 488.45 is what percent of 500

100%/x%=500/488.45
(100/x)*x=(500/488.45)*x       - we multiply both sides of the equation by x
100=1.0236462278637*x       - we divide both sides of the equation by (1.0236462278637) to get x
100/1.0236462278637=x
97.69=x
x=97.69

now we have:
488.45 is 97.69% of 500

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