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\frac{500}{100}=x+1
Divide both sides by 100.
5=x+1
Divide 500 by 100 to get 5.
x+1=5
Swap sides so that all variable terms are on the left hand side.
x=5-1
Subtract 1 from both sides.
x=4
Subtract 1 from 5 to get 4.