SOLUTION: A doctor discounts a client $294.00 when they pay in cash within 10 days. If the discount is 1.5% how much would the client pay if they did not have a discount?

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Question 176848: A doctor discounts a client $294.00 when they pay in cash within 10 days. If the discount is 1.5% how much would the client pay if they did not have a discount?
Answer by gonzo(654)   (Show Source): You can put this solution on YOUR website!
let x = original amount
let y = discounted amount.
y = .015*x
since the discounted amount = $294.00, this means that y = $294.000
this means that:
.015*x = $294.00
divide both sides of this equation by .015 to get:
x = $294.00/.015 = $19,600.00
the client would pay $19,600.00 without the discount.
the discount is .015 * $19,600.00 = $294.00
the client pays $19,600.00 - $294.00 = $19,306.00 with the discount.
your answer:
client would pay $19,600.00 without the discount.

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