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8x+500-12x=240
Subtract 12x from both sides.
-4x+500=240
Combine 8x and -12x to get -4x.
-4x=240-500
Subtract 500 from both sides.
-4x=-260
Subtract 500 from 240 to get -260.
x=\frac{-260}{-4}
Divide both sides by -4.
x=65
Divide -260 by -4 to get 65.