Questions on Word Problems: Money, Business and Interest answered by real tutors!

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Question 152258: The sales price of a car is $12590, which is 20% off the original price. What is the original price?: The sales price of a car is $12590, which is 20% off the original price. What is the original price?
Answer by baruto123(1) About Me  (Show Source):
You can put this solution on YOUR website!
$ 62,950 is the original price
I just di 12590 divided by 20%
Question 152258: The sales price of a car is $12590, which is 20% off the original price. What is the original price?: The sales price of a car is $12590, which is 20% off the original price. What is the original price?
Answer by mducky2(55) About Me  (Show Source):
You can put this solution on YOUR website!
We know that the sales price of the car was 20% off the original price. Let's represent the original price as x. The sales price is equal to the original price (x) minus 20% of the original price:
12950 = x - (20/100)x

We can solve this equation for x:
12950 = x - (20/100)x
12950 = x - 0.2x
12950 = (1 - 0.2)x
12950 = 0.8x
12950/0.8 = x
x = 16187.50

The original price of the car is $16187.50