1. **State the problem:** Solve for $p$ in the equation $1200 = \frac{p \times 6 \times 4}{100}$. 2. **Formula and explanation:** The equation represents a percentage problem where $p$ is multiplied by 6 and 4, then divided by 100. 3. **Isolate $p$:** Multiply both sides by 100 to eliminate the denominator: $$1200 \times 100 = p \times 6 \times 4$$ 4. **Simplify:** $$120000 = 24p$$ 5. **Solve for $p$:** Divide both sides by 24: $$p = \frac{120000}{24}$$ 6. **Calculate:** $$p = 5000$$ **Final answer:** $p = 5000$