Finance · real student question

Solve for x: 122,400,000 + 0.72x + 12x + 1,020,000 + 400,000 + 0.13 × (122,400,000 − 1200x) = 1200x.

Question

Solve for xx:

122,400,000+0.72x+12x+1,020,000+400,000+0.13(122,400,0001200x)=1200x.122{,}400{,}000+0.72x+12x+1{,}020{,}000+400{,}000+0.13\bigl(122{,}400{,}000-1200x\bigr)=1200x.

Step-by-step solution

  1. Combine the plain constants and the two simple xx-terms.

    0.72x+12x=12.72x,122,400,000+1,020,000+400,000=123,820,000,0.72x+12x=12.72x,\qquad 122{,}400{,}000+1{,}020{,}000+400{,}000=123{,}820{,}000,

    so the equation becomes

    123,820,000+12.72x+0.13(122,400,0001200x)=1200x.123{,}820{,}000+12.72x+0.13\bigl(122{,}400{,}000-1200x\bigr)=1200x.

  2. Distribute the 13%.

    0.13(122,400,000)=15,912,000,0.13(1200x)=156x,0.13(122{,}400{,}000)=15{,}912{,}000,\qquad 0.13(1200x)=156x,

    so that bracket contributes 15,912,000156x15{,}912{,}000-156x. The 156x-156x is large enough to reverse the sign of the whole xx-coefficient on the left, which is the feature that makes this equation interesting rather than routine.

  3. Collect the left-hand side.

    123,820,000+15,912,000=139,732,000,12.72x156x=143.28x,123{,}820{,}000+15{,}912{,}000=139{,}732{,}000,\qquad 12.72x-156x=-143.28x,

    giving

    139,732,000143.28x=1200x.139{,}732{,}000-143.28x=1200x.

  4. Bring the xx-terms together. Because the left coefficient is negative, adding 143.28x143.28x to both sides raises the right-hand coefficient rather than lowering it:

    139,732,000=1200x+143.28x=1343.28x.139{,}732{,}000=1200x+143.28x=1343.28x.

  5. Divide and give the exact value.

    x=139,732,0001343.28=9,050,00087=104,022.9885057x=\frac{139{,}732{,}000}{1343.28}=\frac{9{,}050{,}000}{87}=104{,}022.9885057\ldots

    Substituting back with exact fractions makes both sides equal 124,827,586.20689656124{,}827{,}586.20689656. A slip in the final division that gives 104,025.97104{,}025.97 is off by about 33 units — worth catching, since 1343.28×104,025.97=139,736,0001343.28\times104{,}025.97=139{,}736{,}000, not 139,732,000139{,}732{,}000.

Answer

x=9,050,00087104,022.99x=\frac{9{,}050{,}000}{87}\approx 104{,}022.99

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