document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=114791>Question 114791</A>This question is from textbook <A HREF=http://www.amazon.com/exec/obidos/ASIN/9780073530611/algebrahomeworkh>investments</A><BR>\n" );
document.write( ": <I><SPAN STYLE=\"word-break: break-all;\"> I was having some problems with this equation and know the answer is 57.14, but can't seem to get that answer.  Could somebody please walk me through this?  \r<BR>\n" );
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document.write( "100p - 4000<BR>\n" );
document.write( "------------ = .3     <BR>\n" );
document.write( "   100p </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #83526 by </B><A HREF=/tutors/aboutme.mpl?userid=ganesh><B>ganesh(20)</B></A><img src=\"/images/stars/stars-06.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=ganesh><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=83526\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Our equation is {(100p - 4000)/ 100p}= 0.3<BR>\n" );
document.write( "Multiply on both sides by 100p.<BR>\n" );
document.write( "We get, {(100p - 4000)/ 100p} X 100p = 0.3 X 100p.<BR>\n" );
document.write( "That is, 100p - 4000 = 30p     (Since 0.3 X 100 = 30)<BR>\n" );
document.write( "That is, 100p - 30p = 4000.<BR>\n" );
document.write( "That is, 70p = 4000.<BR>\n" );
document.write( "That is, p = 4000/70<BR>\n" );
document.write( "That is, p = 57.14. <BR>\n" );
document.write( " </SPAN>\n" );
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