x-0.05x=3040

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Solution for x-0.05x=3040 equation: 



x-0.05x=3040

We move all terms to the left:

x-0.05x-(3040)=0

We add all the numbers together, and all the variables

0.95x-3040=0

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

0.95x=3040

x=3040/0.95

x=3200

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