More than anything, I think clearer variable names will help here.
Something like:
def main():
... speed_limit = 60
... clocked = int(raw_input("Clocked speed:"))
... miles_over = clocked - speed_limit
... fine = 50 + 5 * miles_over
... if miles_over >= 30:
... print "Fine is: %i" % (fine+200)
... elif miles_over > 0:
... print "Fine is: %i" % (fine)
... else:
... print "No fine"
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