Hello, my equation is:

Target Return on Sales = Target Profit/Total Revenue

Target Profit is: Total Revenue - Total Cost

Total Revenue is: Price x Quantity

Total Cost is: [Fixed Cost + (Variable Cost x Quantity)]

For my equation...

Target Return on Sales = 20%

Quantity = 1,250

Fixed Cost = $26,000

Variable Cost = $22

So my equation is...

Target Return on Sales = P x Q - [FC + (VC x Q)] / P x Q

0.20 = P x 1,250 - [$26,000 + ($22 x 1,250)] / P x 1,250

But my question is, how do change the problem above to solve for P?