80,000 is 12 Percent of What Number?
This problem can be solved using a simple equation and a bit of algebra. Here's how to do it:
Understanding Percentages
- A percentage is a fraction out of 100. So, 12% is equivalent to 12/100.
- "Of" means multiplication.
Setting Up the Equation
Let 'x' represent the unknown number. We can set up the equation like this:
12% * x = 80,000
Solving for x
- Convert the percentage to a decimal: Divide 12 by 100, which gives you 0.12.
- Rewrite the equation: 0.12 * x = 80,000
- Isolate 'x': Divide both sides of the equation by 0.12.
- Calculate: x = 80,000 / 0.12
- The answer: x = 666,666.67 (approximately)
Therefore, 80,000 is 12% of 666,666.67.