x+(x*.01)=500

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Solution for x+(x*.01)=500 equation: 


Simplifying
x + (x * 0.01) = 500

Reorder the terms for easier multiplication:
x + (0.01x) = 500

Combine like terms: x + (0.01x) = 1.01x
1.01x = 500

Solving
1.01x = 500

Solving for variable 'x'.

Move all terms containing x to the left, all other terms to the right.

Divide each side by '1.01'.
x = 495.049505

Simplifying
x = 495.049505

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