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Simplifying 0.05P + 0.07(1600 + -1P) = 70 0.05P + (1600 * 0.07 + -1P * 0.07) = 70 0.05P + (112 + -0.07P) = 70 Reorder the terms: 112 + 0.05P + -0.07P = 70 Combine like terms: 0.05P + -0.07P = -0.02P 112 + -0.02P = 70 Solving 112 + -0.02P = 70 Solving for variable 'P'. Move all terms containing P to the left, all other terms to the right. Add '-112' to each side of the equation. 112 + -112 + -0.02P = 70 + -112 Combine like terms: 112 + -112 = 0 0 + -0.02P = 70 + -112 -0.02P = 70 + -112 Combine like terms: 70 + -112 = -42 -0.02P = -42 Divide each side by '-0.02'. P = 2100 Simplifying P = 2100
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