# SOLUTION: I am a 15-year-old homeschool student homeschooled with the School of Tomorrow. I am doing Algebra I and am struggling with calculating questions having to do with markups, reducti

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 Algebra in Finance Solvers Lessons Answers archive Quiz In Depth

 Question 207903: I am a 15-year-old homeschool student homeschooled with the School of Tomorrow. I am doing Algebra I and am struggling with calculating questions having to do with markups, reductions and comissions. A question I am trying to solve now is "Ace bought a tennis racket for \$20 on sale. This was a reduction in price of 20%. What was the regular price?" If you can show me how to solv problems such as this, I would be very grateful.Answer by Alan3354(31487)   (Show Source): You can put this solution on YOUR website!"Ace bought a tennis racket for \$20 on sale. This was a reduction in price of 20%. What was the regular price?" --------------- If it's reduced by 20%, then \$20 is 80% of the original price. Most percent problems can be done by first finding what 1% is. In this case, \$20 is 80%, so 1% is \$20/80 = \$0.25 100% is 100 times that. \$.025*100 = \$25.