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x\times \frac{24}{0.2}=1
Variable x cannot be equal to 0 since division by zero is not defined. Multiply both sides of the equation by x.
x\times \frac{240}{2}=1
Expand \frac{24}{0.2} by multiplying both numerator and the denominator by 10.
x\times 120=1
Divide 240 by 2 to get 120.
x=\frac{1}{120}
Divide both sides by 120.