7.4 is what percent of 124000 - 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 124000 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 124000, so we can write it down as 100%=124000.
4. We know, that x% equals 7.4 of the output value, so we can write it down as x%=7.4.
5. Now we have two simple equations:
1) 100%=124000
2) x%=7.4
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%=124000/7.4
6. Now we just have to solve the simple equation, and we will get the solution we are looking for.

7. Solution for 7.4 is what percent of 124000

100%/x%=124000/7.4
(100/x)*x=(124000/7.4)*x       - we multiply both sides of the equation by x
100=16756.756756757*x       - we divide both sides of the equation by (16756.756756757) to get x
100/16756.756756757=x
0.0059677419354839=x
x=0.0059677419354839

now we have:
7.4 is 0.0059677419354839% of 124000