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Simplifying 62.54 = p + 0.06p Combine like terms: p + 0.06p = 1.06p 62.54 = 1.06p Solving 62.54 = 1.06p Solving for variable 'p'. Move all terms containing p to the left, all other terms to the right. Add '-1.06p' to each side of the equation. 62.54 + -1.06p = 1.06p + -1.06p Combine like terms: 1.06p + -1.06p = 0.00 62.54 + -1.06p = 0.00 Add '-62.54' to each side of the equation. 62.54 + -62.54 + -1.06p = 0.00 + -62.54 Combine like terms: 62.54 + -62.54 = 0.00 0.00 + -1.06p = 0.00 + -62.54 -1.06p = 0.00 + -62.54 Combine like terms: 0.00 + -62.54 = -62.54 -1.06p = -62.54 Divide each side by '-1.06'. p = 59 Simplifying p = 59
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