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20000\left(1+\frac{x}{100}\right)\times 2=2247200
Multiply both sides of the equation by 100.
40000\left(1+\frac{x}{100}\right)=2247200
Multiply 20000 and 2 to get 40000.
40000+40000\times \frac{x}{100}=2247200
Use the distributive property to multiply 40000 by 1+\frac{x}{100}.
40000+400x=2247200
Cancel out 100, the greatest common factor in 40000 and 100.
400x=2247200-40000
Subtract 40000 from both sides.
400x=2207200
Subtract 40000 from 2247200 to get 2207200.
x=\frac{2207200}{400}
Divide both sides by 400.
x=5518
Divide 2207200 by 400 to get 5518.