What is 2 percent of 346349.16 - 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 346349.16 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 346349.16 is 100%, so we can write it down as 346349.16=100%.
4. We know, that x is 2% of the output value, so we can write it down as x=2%.
5. Now we have two simple equations:
1) 346349.16=100%
2) x=2%
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:
346349.16/x=100%/2%
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 2% of 346349.16

346349.16/x=100/2
(346349.16/x)*x=(100/2)*x       - we multiply both sides of the equation by x
346349.16=50*x       - we divide both sides of the equation by (50) to get x
346349.16/50=x
6926.9832=x
x=6926.9832

now we have:
2% of 346349.16=6926.9832