Step 1) Multiply each side of the equation by #color(red)(x)# to eliminate the fraction while keeping the equation balanced:
#0.4 * color(red)(x) = (0.01 - x)/x * color(red)(x)#
#0.4x = (0.01 - x)/color(red)(cancel(color(black)(x))) * cancel(color(red)(x))#
#0.4x = 0.01 - x#
Step 2) Add #color(red)(x)# to each side of the equation to isolate the #x# term while keeping the equation balanced;
#0.4x + color(red)(x) = 0.01 - x + color(red)(x)#
#0.4x + color(red)(1x) = 0.01 - 0#
#(0.4 + color(red)(1))x = 0.01#
#1.4x = 0.01#
Step 3) Divide each side of the equation by #color(red)(1.4)# to solve for #x# while keeping the equation balanced:
#(1.4x)/color(red)(1.4) = 0.01/color(red)(1.4)#
#(color(red)(cancel(color(black)(1.4)))x)/cancel(color(red)(1.4)) = 0.01/color(red)(1.4)#
#x = 0.007# rounded to the nearest thousandth.