What is 1.7 percent of 703000 - 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 703000 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 703000 is 100%, so we can write it down as 703000=100%.
4. We know, that x is 1.7% of the output value, so we can write it down as x=1.7%.
5. Now we have two simple equations:
1) 703000=100%
2) x=1.7%
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:
703000/x=100%/1.7%
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 1.7% of 703000

703000/x=100/1.7
(703000/x)*x=(100/1.7)*x       - we multiply both sides of the equation by x
703000=58.823529411765*x       - we divide both sides of the equation by (58.823529411765) to get x
703000/58.823529411765=x
11951=x
x=11951

now we have:
1.7% of 703000=11951