What is 3 percent of 70000 - step by step solution

Simple and best practice solution for 3% of 70000. Check how easy it is, and learn it for the future. Our solution is simple, and easy to understand, so don`t hesitate to use it as a solution of your homework.

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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 70000 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 70000 is 100%, so we can write it down as 70000=100%.
4. We know, that x is 3% of the output value, so we can write it down as x=3%.
5. Now we have two simple equations:
1) 70000=100%
2) x=3%
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:
70000/x=100%/3%
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 3% of 70000

70000/x=100/3
(70000/x)*x=(100/3)*x       - we multiply both sides of the equation by x
70000=33.3333333333*x       - we divide both sides of the equation by (33.3333333333) to get x
70000/33.3333333333=x
2100=x
x=2100

now we have:
3% of 70000=2100

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