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2\times 24+y\times 16=6y
Variable y cannot be equal to 0 since division by zero is not defined. Multiply both sides of the equation by 2y, the least common multiple of y,2.
48+y\times 16=6y
Multiply 2 and 24 to get 48.
48+y\times 16-6y=0
Subtract 6y from both sides.
48+10y=0
Combine y\times 16 and -6y to get 10y.
10y=-48
Subtract 48 from both sides. Anything subtracted from zero gives its negation.
y=\frac{-48}{10}
Divide both sides by 10.
y=-\frac{24}{5}
Reduce the fraction \frac{-48}{10} to lowest terms by extracting and canceling out 2.