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x=\frac{500}{2.75}
Divide both sides by 2.75.
x=\frac{50000}{275}
Expand \frac{500}{2.75} by multiplying both numerator and the denominator by 100.
x=\frac{2000}{11}
Reduce the fraction \frac{50000}{275} to lowest terms by extracting and canceling out 25.