Step-by-Step 1Multiply the percentage by the number.7 × 34,704 = 242,928 2Divide the result by 100.242,928 ÷ 100 = 2,429.28 3Therefore, 7% of 34,704 is 2,429.28.
Formula Used Percentage of a Number = Percentage × Number────────────100 Where, Percentage = 7Number = 34,704