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

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Question 155073This question is from textbook Practical Business Math Procedures
: Abby sold her house for $35,000. This sale represented a loss of 15% off the original price. What was the original price Abby paid for the house? This question is from textbook Practical Business Math Procedures
: Abby sold her house for $35,000. This sale represented a loss of 15% off the original price. What was the original price Abby paid for the house?
Answer by checkley77(3624) About Me  (Show Source):
You can put this solution on YOUR website!
35,000/(1-.15)=35,000/.85=$41,176.44 ANSWER FOR THE ORIGINAL PRICE.