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98\times 4\left(1+\frac{5}{98}k\right)=980k
Variable k cannot be equal to 0 since division by zero is not defined. Multiply both sides of the equation by 98k, the least common multiple of k,98.
392\left(1+\frac{5}{98}k\right)=980k
Multiply 98 and 4 to get 392.
392+392\times \frac{5}{98}k=980k
Use the distributive property to multiply 392 by 1+\frac{5}{98}k.
392+\frac{392\times 5}{98}k=980k
Express 392\times \frac{5}{98} as a single fraction.
392+\frac{1960}{98}k=980k
Multiply 392 and 5 to get 1960.
392+20k=980k
Divide 1960 by 98 to get 20.
392+20k-980k=0
Subtract 980k from both sides.
392-960k=0
Combine 20k and -980k to get -960k.
-960k=-392
Subtract 392 from both sides. Anything subtracted from zero gives its negation.
k=\frac{-392}{-960}
Divide both sides by -960.
k=\frac{49}{120}
Reduce the fraction \frac{-392}{-960} to lowest terms by extracting and canceling out -8.