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p+p(.05)=237.5
We simplify the equation to the form, which is simple to understand
p+p(.05)=237.5
We move all terms containing p to the left and all other terms to the right.
+1p+1p=+237.5-0-0
We simplify left and right side of the equation.
+2p=+237.5
We divide both sides of the equation by 2 to get p.
p=118.75
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