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17000=500\left(50-x\right)
Add 12000 and 5000 to get 17000.
17000=25000-500x
Use the distributive property to multiply 500 by 50-x.
25000-500x=17000
Swap sides so that all variable terms are on the left hand side.
-500x=17000-25000
Subtract 25000 from both sides.
-500x=-8000
Subtract 25000 from 17000 to get -8000.
x=\frac{-8000}{-500}
Divide both sides by -500.
x=16
Divide -8000 by -500 to get 16.