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Simplifying p + 0.03p = 154.5 Combine like terms: p + 0.03p = 1.03p 1.03p = 154.5 Solving 1.03p = 154.5 Solving for variable 'p'. Move all terms containing p to the left, all other terms to the right. Divide each side by '1.03'. p = 150 Simplifying p = 150
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