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x\times 7000=2400\times 5000
Variable x cannot be equal to 0 since division by zero is not defined. Multiply both sides of the equation by 2400x, the least common multiple of 2400,x.
x\times 7000=12000000
Multiply 2400 and 5000 to get 12000000.
x=\frac{12000000}{7000}
Divide both sides by 7000.
x=\frac{12000}{7}
Reduce the fraction \frac{12000000}{7000} to lowest terms by extracting and canceling out 1000.