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x\times 1.1025=0.1x+30
Calculate 1.05 to the power of 2 and get 1.1025.
x\times 1.1025-0.1x=30
Subtract 0.1x from both sides.
1.0025x=30
Combine x\times 1.1025 and -0.1x to get 1.0025x.
x=\frac{30}{1.0025}
Divide both sides by 1.0025.
x=\frac{300000}{10025}
Expand \frac{30}{1.0025} by multiplying both numerator and the denominator by 10000.
x=\frac{12000}{401}
Reduce the fraction \frac{300000}{10025} to lowest terms by extracting and canceling out 25.