What is 117 percent of 1.055 - 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 1.055 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 1.055 is 100%, so we can write it down as 1.055=100%.
4. We know, that x is 117% of the output value, so we can write it down as x=117%.
5. Now we have two simple equations:
1) 1.055=100%
2) x=117%
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:
1.055/x=100%/117%
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 117% of 1.055

1.055/x=100/117
(1.055/x)*x=(100/117)*x       - we multiply both sides of the equation by x
1.055=0.85470085470085*x       - we divide both sides of the equation by (0.85470085470085) to get x
1.055/0.85470085470085=x
1.23435=x
x=1.23435

now we have:
117% of 1.055=1.23435