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100x-x\times 12\times 5=70000
Multiply both sides of the equation by 100.
100x-x\times 60=70000
Multiply 12 and 5 to get 60.
40x=70000
Combine 100x and -x\times 60 to get 40x.
x=\frac{70000}{40}
Divide both sides by 40.
x=1750
Divide 70000 by 40 to get 1750.