The word "of" is the same thing as a multiplication sign!
So instead see it this way:
53% × 470
To solve this, you can use the cross product method :
=

(470 × 63) ÷ 100 = ?
29 610 ÷ 100 = ?
296.1 = ?
53% of 470 is 296.1
There you go! I really hope this helped, if there's anything just let me know! :)