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Simplifying 6200 = p + 0.02p Combine like terms: p + 0.02p = 1.02p 6200 = 1.02p Solving 6200 = 1.02p Solving for variable 'p'. Move all terms containing p to the left, all other terms to the right. Add '-1.02p' to each side of the equation. 6200 + -1.02p = 1.02p + -1.02p Combine like terms: 1.02p + -1.02p = 0.00 6200 + -1.02p = 0.00 Add '-6200' to each side of the equation. 6200 + -6200 + -1.02p = 0.00 + -6200 Combine like terms: 6200 + -6200 = 0 0 + -1.02p = 0.00 + -6200 -1.02p = 0.00 + -6200 Combine like terms: 0.00 + -6200 = -6200 -1.02p = -6200 Divide each side by '-1.02'. p = 6078.431373 Simplifying p = 6078.431373
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