(1)) Which equation shows how to find \( p \), the price Mrs. Merson paid for the car? \( \frac{5,500}{p}=\frac{55}{100} \) 4). How much did Mrs. Merson pay for the car? \( p=\$ \square \)

To find the price \( p \) that Mrs. Merson paid for the car, we start with the equation given: \[ \frac{5,500}{p} = \frac{55}{100} \] ### Step 1: Solve for \( p \) To solve for \( p \), we can cross-multiply: \[ 5,500 \cdot 100 = 55 \cdot p \] This simplifies to: \[ 550,000 = 55p \] ### Step 2: Isolate \( p \) Next, we isolate \( p \) by dividing both sides by 55: \[ p = \frac{550,000}{55} \] ### Step 3: Calculate \( p \) Now, we will perform the division to find the value of \( p \): \[ p = \frac{550,000}{55} \] Let's calculate this value. Calculate the value by following steps: - step0: Calculate: \(\frac{550000}{55}\) - step1: Reduce the numbers: \(\frac{10000}{1}\) - step2: Calculate: \(10000\) After performing the calculation, we find: \[ p = 10,000 \] ### Final Answer Mrs. Merson paid for the car: \[ p = \$10,000 \]