1 percent of 7000 can be written as 20 percent * 7000 =
Use the percentage formulae (P% × Y = X) to find out 1% of 7000
P is 1, Y is 7000, so the equation will be 1% × 7000 = X
Percentage calculation with steps:
X = ( 1 * 7000 ) / 100
X = 7000 / 100
X = 70