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what is xx if x+5.5%=1,055,000x + 5.5\% = 1,055,000

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Q. what is xx if x+5.5%=1,055,000x + 5.5\% = 1,055,000
  1. Set Up Equation: First, let's set up the equation based on the problem. x+0.055x=1055000x + 0.055x = 1055000
  2. Combine Like Terms: Combine like terms by adding xx and 0.055x0.055x.1x+0.055x=1.055x1x + 0.055x = 1.055x
  3. Solve for x: Now, let's solve for x by dividing both sides of the equation by 1.0551.055. \newline1.055x1.055=10550001.055\frac{1.055x}{1.055} = \frac{1055000}{1.055}
  4. Perform Division: Perform the division to find the value of xx.x=10550001.055x = \frac{1055000}{1.055}x=1000000x = 1000000

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