0.5(y+1)-0.2y=2
Multiply the terms in brackets by the 0.5:
0.5y + 0.5*1 - 0.2y = 2
Collect the terms in y:
0.3y +0.5 = 2
Subtract 0.5 from both sides
0.3y = 1.5
Divide both sides by 0.3
y = 5