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x + 0.05x=29500
We simplify the equation to the form, which is simple to understand
x + 0.05x=29500
We move all terms containing x to the left and all other terms to the right.
+1x + 0.05x=+29500
We simplify left and right side of the equation.
+1.05x=+29500
We divide both sides of the equation by 1.05 to get x.
x=28095.2380952
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