Solve for x

x = \frac{6025000}{49} = 122959\frac{9}{49} \approx 122959.183673469

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x-120500=0.02x

Variable x cannot be equal to 0 since division by zero is not defined. Multiply both sides of the equation by x.

x-120500-0.02x=0

Subtract 0.02x from both sides.

0.98x-120500=0

Combine x and -0.02x to get 0.98x.

0.98x=120500

Add 120500 to both sides. Anything plus zero gives itself.

x=\frac{120500}{0.98}

Divide both sides by 0.98.

x=\frac{12050000}{98}

Expand \frac{120500}{0.98} by multiplying both numerator and the denominator by 100.

x=\frac{6025000}{49}

Reduce the fraction \frac{12050000}{98} to lowest terms by extracting and canceling out 2.

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