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2840=\frac{P\times 16\times 5}{100\times 2}
Anything divided by one gives itself.
2840=\frac{2P}{5}
Cancel out 2\times 4\times 5 in both numerator and denominator.
\frac{2P}{5}=2840
Swap sides so that all variable terms are on the left hand side.
2P=2840\times 5
Multiply both sides by 5.
2P=14200
Multiply 2840 and 5 to get 14200.
P=\frac{14200}{2}
Divide both sides by 2.
P=7100
Divide 14200 by 2 to get 7100.