Solve for p
p=\frac{2}{3}\approx 0.666666667
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\frac{8000}{12000}=p
Divide both sides by 12000.
\frac{2}{3}=p
Reduce the fraction \frac{8000}{12000} to lowest terms by extracting and canceling out 4000.
p=\frac{2}{3}
Swap sides so that all variable terms are on the left hand side.
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