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Solve for P
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60P=200P-5000
Multiply 0.3 and 200 to get 60.
60P-200P=-5000
Subtract 200P from both sides.
-140P=-5000
Combine 60P and -200P to get -140P.
P=\frac{-5000}{-140}
Divide both sides by -140.
P=\frac{250}{7}
Reduce the fraction \frac{-5000}{-140} to lowest terms by extracting and canceling out -20.