.16y+.08(y+5000)=1120

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Solution for .16y+.08(y+5000)=1120 equation:


Simplifying
0.16y + 0.08(y + 5000) = 1120

Reorder the terms:
0.16y + 0.08(5000 + y) = 1120
0.16y + (5000 * 0.08 + y * 0.08) = 1120
0.16y + (400 + 0.08y) = 1120

Reorder the terms:
400 + 0.16y + 0.08y = 1120

Combine like terms: 0.16y + 0.08y = 0.24y
400 + 0.24y = 1120

Solving
400 + 0.24y = 1120

Solving for variable 'y'.

Move all terms containing y to the left, all other terms to the right.

Add '-400' to each side of the equation.
400 + -400 + 0.24y = 1120 + -400

Combine like terms: 400 + -400 = 0
0 + 0.24y = 1120 + -400
0.24y = 1120 + -400

Combine like terms: 1120 + -400 = 720
0.24y = 720

Divide each side by '0.24'.
y = 3000

Simplifying
y = 3000

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