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234.06=62.8712x
Multiply 1.03 and 61.04 to get 62.8712.
62.8712x=234.06
Swap sides so that all variable terms are on the left hand side.
x=\frac{234.06}{62.8712}
Divide both sides by 62.8712.
x=\frac{2340600}{628712}
Expand \frac{234.06}{62.8712} by multiplying both numerator and the denominator by 10000.
x=\frac{292575}{78589}
Reduce the fraction \frac{2340600}{628712} to lowest terms by extracting and canceling out 8.