SOLUTION: If the price of a shirt is reduced by 20% to $14.40, find the original price. I would like to know how the answer is solved.

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Question 339406: If the price of a shirt is reduced by 20% to $14.40, find the original price. I would like to know how the answer is solved.
Answer by nyc_function(2741) About Me  (Show Source):
You can put this solution on YOUR website!
To find the original price, do the following:
(1) 100% - given % = new percent
(2) Divide sold price by the new percent
=========================================
100% - 20% = 80%
We now divide 14.40 by 80 percent to find the original price of the shirt.
Remember that 80 percent must be written in decimal form 0.80.
NOTE: We must change all percents to decimal form. Remember this for future problems.
Original price = 14.40/0.80
Original price = 18
The original price of the shirt is $18.
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