Answer:
P = 50
Explanation:
Of course, the most precise way to solve an equation is to solve it. In this case, we have;
1.06 • P = 53
So, we would divide:
P = 53 / 1.06
P = 50
However, sometimes we can use estimations, which would basically mean that we solve an equation in our head, not expecting the correct answer, but a close enough one. Again, we have an equation;
1.06 • P = 53
We are multiplying an unknown number P with a number that is around 1 (1.06). Any number multiplied with 1 gives that same number, which means that P should be 53.
Since 1.06 is slightly above 1 that means that P will be slightly below 53.
From the suggested answers 50 fits that description best.