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\frac{12000\left(-0.01x+1\right)^{2}}{12000}=\frac{9720}{12000}
Divide both sides by 12000.
\left(-0.01x+1\right)^{2}=\frac{9720}{12000}
Dividing by 12000 undoes the multiplication by 12000.
\left(-0.01x+1\right)^{2}=\frac{81}{100}
Reduce the fraction \frac{9720}{12000} to lowest terms by extracting and canceling out 120.
-0.01x+1=\frac{9}{10} -0.01x+1=-\frac{9}{10}
Take the square root of both sides of the equation.
-0.01x+1-1=\frac{9}{10}-1 -0.01x+1-1=-\frac{9}{10}-1
Subtract 1 from both sides of the equation.
-0.01x=\frac{9}{10}-1 -0.01x=-\frac{9}{10}-1
Subtracting 1 from itself leaves 0.
-0.01x=-\frac{1}{10}
Subtract 1 from \frac{9}{10}.
-0.01x=-\frac{19}{10}
Subtract 1 from -\frac{9}{10}.
\frac{-0.01x}{-0.01}=-\frac{\frac{1}{10}}{-0.01} \frac{-0.01x}{-0.01}=-\frac{\frac{19}{10}}{-0.01}
Multiply both sides by -100.
x=-\frac{\frac{1}{10}}{-0.01} x=-\frac{\frac{19}{10}}{-0.01}
Dividing by -0.01 undoes the multiplication by -0.01.
x=10
Divide -\frac{1}{10} by -0.01 by multiplying -\frac{1}{10} by the reciprocal of -0.01.
x=190
Divide -\frac{19}{10} by -0.01 by multiplying -\frac{19}{10} by the reciprocal of -0.01.
x=10 x=190
The equation is now solved.