SOLUTION: After a 20% price increase, the new price of a jacket is $78. What was the jacket's original price?

Question 697459: After a 20% price increase, the new price of a jacket is $78. What was the jacket's original price?

Found 2 solutions by jim_thompson5910, josmiceli:
Answer by jim_thompson5910(35256) (Show Source): You can put this solution on YOUR website!
Let x = original price

x + 20% of x = 78

x + 0.2 * x = 78

x + 0.2x = 78

1.2x = 78

x = 78/1.2

x = 65

So the original price was $65
Answer by josmiceli(19441) (Show Source): You can put this solution on YOUR website!
Let = the original price
given:

The original price was $65

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