x*0.05=60

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Solution for x*0.05=60 equation: 



x*0.05=60

We move all terms to the left:

x*0.05-(60)=0

Wy multiply elements

0.05x-60=0

We move all terms containing x to the left, all other terms to the right

0.05x=60

x=60/0.05

x=1200

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