SOLUTION: Please set-up equation and solve. If an item is sold at a 12% discount for $176, what is the pre-sale price?

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Question 379127: Please set-up equation and solve.
If an item is sold at a 12% discount for $176, what is the pre-sale price?

Answer by ewatrrr(24785)   (Show Source): You can put this solution on YOUR website!

Hi,
Note: 12% off is the same as paying 88% of full value
Let x represent full value
.88*x = $176
x = $200
CHECKING our Answer
$200 - $.12*200 = $200 - $24 = $176