The statement
a is p percent of b
represents the proportion
where b is base, a is a part of the base and
is the percent.
The total number of laps in the Daytona is 500.
\After completing 10 laps, the remaining laps in the Daytona is
.
Substitute the value of
in the proportion
.

Multiply each side by
.

Cancel common terms.
\
.
The percent is 8%.
The percent of the students surveyed walk to school is 8%.