x-0.02x=8.427

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Solution for x-0.02x=8.427 equation: 



x-0.02x=8.427

We move all terms to the left:

x-0.02x-(8.427)=0

We add all the numbers together, and all the variables

0.98x-8.427=0

We move all terms containing x to the left, all other terms to the right

0.98x=8.427

x=8.427/0.98

x=8+0.587/0.98

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