SOLUTION: Help Please... A car dealer reduces the list price of last years models by 15%. If a certain model has a discounted price of $8000, what was its original list price? Thank you!!

Question 5061: Help Please... A car dealer reduces the list price of last years models by 15%. If a certain model has a discounted price of $8000, what was its original list price? Thank you!!
Answer by rapaljer(4671) (Show Source): You can put this solution on YOUR website!
Let x = original price of the car.

If the car was discounted by 15%, then the discounted price is 85 % of the original price. In other words,
85% of original price = discounted price.
.85x = 8000

Divide both sides by .85:

x = $9411.7647, however you want to round it off.

To check: Take 15% of $9411.77 = $1411.76, which is the amount of the discount.

Then subtract the discount from the original price, and see if it isn't $8000.

R^2 at SCC
RELATED QUESTIONS
A car dealer, at a year-end clearance, reduces the list price of last year’s models by... (answered by ikleyn)

A car dealer, at a year-end clearance, reduces the list price of last year's models by... (answered by MNSue)

A car dealer, at a year-end clearance, reduces the price of last year’s models by a... (answered by ikleyn)

At the end of the year, a car dealer advertises that the list prices on all of last... (answered by josmiceli)

at the end of the model year, a car delear advertises that the list price on all of last... (answered by checkley71)

a car dealer discounts the price of a car by 10%. the discounted price is 16200. what was (answered by pmatei)

This years price for a certain car is 25% higher than last years price of $8800. What... (answered by dabanfield,raveen001)

A new car has a list price of $24,500. Suppose that the dealer markup on this car... (answered by rfer)

An auto dealer increases the price of a used car 15%. If the new price is $6,900 what was (answered by stanbon)