Finance · real student question

Solve for x: -0.07116428528124 = -104,431,740.75 / x * 100%.

Question

Solve for xx:

0.07116428528124=104,431,740.75x×100%-0.07116428528124=\frac{-104{,}431{,}740.75}{x}\times 100\%

Step-by-step solution

  1. Interpret the notation carefully. The left side is written as a plain decimal, not a percentage, while the right side carries ×100%\times 100\%. Since 100%=1100\%=1, that factor changes nothing, and the equation reads

    0.07116428528124=104,431,740.75x-0.07116428528124=\frac{-104{,}431{,}740.75}{x}

    This reading matters: if the left side were instead 0.0711%-0.0711\%, the answer would be a hundred times larger.

  2. Cancel the common negative sign. Both sides are negative, so

    0.07116428528124=104,431,740.75x0.07116428528124=\frac{104{,}431{,}740.75}{x}

    and xx must be positive.

  3. Solve by cross-multiplication.

    x=104,431,740.750.07116428528124x=\frac{104{,}431{,}740.75}{0.07116428528124}

  4. Evaluate.

    x1,467,474,033.32x\approx 1{,}467{,}474{,}033.32

    The ratio 0.0711643-0.0711643 corresponds to a loss of about 7.12%7.12\% of the base — a larger rate than the 6.75%6.75\% variant of this problem, so the base is correspondingly smaller.

  5. Verify by dividing back.

    104,431,740.751,467,474,033.32=0.07116428528  \frac{-104{,}431{,}740.75}{1{,}467{,}474{,}033.32}=-0.07116428528\;\checkmark

    matching all twelve given digits. By contrast 1,467,444,7741{,}467{,}444{,}774 returns 0.07116570-0.07116570, which disagrees in the sixth decimal place.

Answer

x1,467,474,033.32x\approx 1{,}467{,}474{,}033.32

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