SOLUTION: After a 14% price reduction, a boat sold for $22,360. What was the boat's price before the reduction? (Round to the nearest cent, if necessary.)

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Question 212868: After a 14% price reduction, a boat sold for $22,360. What was the boat's price before the reduction? (Round to the nearest cent, if necessary.)
Answer by ankor@dixie-net.com(12701) About Me  (Show Source):
You can put this solution on YOUR website!
After a 14% price reduction, a boat sold for $22,360. What was the boat's price before the reduction? (Round to the nearest cent, if necessary.)
:
Let x = price of the boat before the reduction
:
x - .14x = 22360
.86x = 22360
x = 22360%2F.86
x = $26,000