Answer:
x = 1851851.851....
Explanation:
Given statement:
2.7% of x equals 50,000.
When we convert the statement into an equation, we get;
⇒ 2.7% × x = 50,000
A percentage is always written as (Percent)/100 in fraction form. Thus;
⇒ 2.7/100 × x = 50,000
Using cross multiplication:
- ⇒ 2.7 × x = 50,000 × 100
- ⇒ 2.7 × x = 5,000,000
To determine the value of x, we need to isolate it. This can be done by dividing the cooeficient of x both sides.
Divide both sides by 2.7
- ⇒ (2.7 × x)/2.7 = 5,000,000/2.7
- ⇒ x = 1851851.851....