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p + 0.05p=5.96
We simplify the equation to the form, which is simple to understand
p + 0.05p=5.96
We move all terms containing p to the left and all other terms to the right.
+1p + 0.05p=+5.96
We simplify left and right side of the equation.
+1.05p=+5.96
We divide both sides of the equation by 1.05 to get p.
p=5.67619047619
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