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1.03/1.11=q+(1-q)*0.5
We simplify the equation to the form, which is simple to understand
1.03/1.11=q+(1-q)*0.5
Simplifying:
+ 0.927927927928=q+(1-q)*0.5
Reorder the terms in parentheses
+ 0.927927927928=q+( + 0.5-0.5q)
Remove unnecessary parentheses
+ 0.927927927928=+q + 0.5-0.5q
We move all terms containing q to the left and all other terms to the right.
-1q + 0.5q=0.5-0.927927927928
We simplify left and right side of the equation.
-0.5q=-0.427927927928
We divide both sides of the equation by -0.5 to get q.
q=0.855855855856
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