SOLUTION: a tv set is marked down $72, to be placed on sale. If this is a 4% decrease from the original price, what was the selling price before the sale?

Question 577012: a tv set is marked down $72, to be placed on sale. If this is a 4% decrease from the original price, what was the selling price before the sale?
Answer by Alan3354(69443) (Show Source): You can put this solution on YOUR website!
a tv set is marked down $72, to be placed on sale. If this is a 4% decrease from the original price, what was the selling price before the sale?
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If you mean marked down to $72:
$72 is 96% of the OP (original price) (100% - 4%)
96% = 0.96
OP*0.96 = 72
OP = 72/0.96 = $75
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If you mean the reduction of 4% is a reduction of $72:
4% = $72
1% = $18
100% = $1800

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