The percent proportion is a proportion that equates a part of a whole to a percent out of 100.
part/whole=percent/100 ⇔ a/w=p/100
We can find what percent of 86 is 34.4 by thinking about 34.4 as a part and 86 as the whole. Let's substitute a= 34.4 and w= 86 into the formula and solve for p.