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first you want to convert the percentages to decimals

so you divide 7 by 100 and 4 by 100

7/100= .07
4/100= .04

then you want to multiply 50,000 by .07 and 70,000 by .04

50,000 times .07=3500
70,000 times .04= 2800

50,000 times .07=3500
70,000 times .04= 2800

thanks