7 is being compared to 3500.
\So,7 is the part and 3500 is the whole.
\Let n represent the percent.
\The percent proportion is
.
Apply cross product property of equality:
then
.

(Multiply:
)
Apply division property of equality: Divide each side by 3500.
\
(Cancel common terms)
(Divide:
)
7 is 0.2
of 3500.