SOLUTION: After an 8% discount from the list price,the sale price of a key chain was $18.40. What was the list price of the key chain

Question 743643: After an 8% discount from the list price,the sale price of a key chain was $18.40. What was the list price of the key chain
Answer by tommyt3rd(5050) (Show Source): You can put this solution on YOUR website!
L-list price
S-sale price
D-discount
D-8% of L so

The sale price is how much it costs after the discount:

Now we substitute in the known values and solve for L:

so L=$20.00
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