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x=0.03x+500
We move all terms to the left:
x-(0.03x+500)=0
We get rid of parentheses
x-0.03x-500=0
We add all the numbers together, and all the variables
0.97x-500=0
We move all terms containing x to the left, all other terms to the right
0.97x=500
x=500/0.97
x=515+0.45/0.97
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