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Simplifying 55 + 2500p = 62 + 2000p Solving 55 + 2500p = 62 + 2000p Solving for variable 'p'. Move all terms containing p to the left, all other terms to the right. Add '-2000p' to each side of the equation. 55 + 2500p + -2000p = 62 + 2000p + -2000p Combine like terms: 2500p + -2000p = 500p 55 + 500p = 62 + 2000p + -2000p Combine like terms: 2000p + -2000p = 0 55 + 500p = 62 + 0 55 + 500p = 62 Add '-55' to each side of the equation. 55 + -55 + 500p = 62 + -55 Combine like terms: 55 + -55 = 0 0 + 500p = 62 + -55 500p = 62 + -55 Combine like terms: 62 + -55 = 7 500p = 7 Divide each side by '500'. p = 0.014 Simplifying p = 0.014
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