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Simplifying 0.02(60) + 0.04P = 0.03(50 + p) Multiply 0.02 * 60 1.2 + 0.04P = 0.03(50 + p) 1.2 + 0.04P = (50 * 0.03 + p * 0.03) 1.2 + 0.04P = (1.5 + 0.03p) Solving 1.2 + 0.04P = 1.5 + 0.03p Solving for variable 'P'. Move all terms containing P to the left, all other terms to the right. Add '-1.2' to each side of the equation. 1.2 + -1.2 + 0.04P = 1.5 + -1.2 + 0.03p Combine like terms: 1.2 + -1.2 = 0.0 0.0 + 0.04P = 1.5 + -1.2 + 0.03p 0.04P = 1.5 + -1.2 + 0.03p Combine like terms: 1.5 + -1.2 = 0.3 0.04P = 0.3 + 0.03p Divide each side by '0.04'. P = 7.5 + 0.75p Simplifying P = 7.5 + 0.75p
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