Far country

In a country far away, the value of 3 pesos is 12 centavos more than the value of 1 peso. How many centavos is 1 peso worth?

Correct result:

p =  6 c

Solution:

$3p=12c+1p \ \\ 2p=12c \ \\ p=12/2=6 \ \text{c}$

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