SOLUTION: Please help me solve this equation: What was the MSrp for a hummer HI that sold for $107,272 after an 8% discount? I think I worked the problem wrong 107,272 = L-0.08L 1(

Algebra ->  Algebra  -> Finance -> SOLUTION: Please help me solve this equation: What was the MSrp for a hummer HI that sold for $107,272 after an 8% discount? I think I worked the problem wrong 107,272 = L-0.08L 1(      Log On

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Question 211135This question is from textbook
: Please help me solve this equation: What was the MSrp for a hummer HI that sold for $107,272 after an 8% discount?
I think I worked the problem wrong
107,272 = L-0.08L
1(107,272)= 1(L-0.08L)
107,272 = 1L-8L
107,272 = 7L

107,272 = 7L
_______ = ___
7 7L
154,245.71 = LThis question is from textbook

Answer by checkley77(12569) About Me  (Show Source):
You can put this solution on YOUR website!
107,272 = L-0.08L
107,272=.92L
L=107,272/.92
L=$116,600 WAS THE ORIGINAL PRICE.
[YOU CHANGED THE .O8 TO 8 INCORRECTLY]