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Simplifying p + 0.06p = 360.40 Combine like terms: p + 0.06p = 1.06p 1.06p = 360.40 Solving 1.06p = 360.40 Solving for variable 'p'. Move all terms containing p to the left, all other terms to the right. Divide each side by '1.06'. p = 340 Simplifying p = 340
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