if we take 1200 as the 100%, how much percentage is 700 of it?
well [tex]\bf \begin{array}{ccllll}
amount&\%\\
\textendash\textendash\textendash\textendash\textendash\textendash&\textendash\textendash\textendash\textendash\textendash\textendash\\
1200&100\\
700&x
\end{array}\implies \cfrac{1200}{700}=\cfrac{100}{x}\implies x=\cfrac{700\cdot 100}{1200}
\\\\\\
x=\cfrac{175}{3}[/tex]
so, (175/3)% or roughly 58.3%
now, how much is (175/3)% of 15000 ?
well, if we take 15000 as the 100%
then [tex]\bf \begin{array}{ccllll}
amount&\%\\
\textendash\textendash\textendash\textendash\textendash\textendash&\textendash\textendash\textendash\textendash\textendash\textendash\\
15000&100\\
x&\frac{175}{3}
\end{array}\implies \cfrac{15000}{x}=\cfrac{100}{\frac{175}{3}}
\\\\\\
\cfrac{15000\cdot \frac{175}{3}}{100}=x\implies \cfrac{5000\cdot 175}{100}=x[/tex]