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\frac{7}{10}x=24500
Reduce the fraction \frac{70}{100} to lowest terms by extracting and canceling out 10.
x=24500\times \frac{10}{7}
Multiply both sides by \frac{10}{7}, the reciprocal of \frac{7}{10}.
x=\frac{24500\times 10}{7}
Express 24500\times \frac{10}{7} as a single fraction.
x=\frac{245000}{7}
Multiply 24500 and 10 to get 245000.
x=35000
Divide 245000 by 7 to get 35000.