document.write( "Question 301406: Due to dwindling reserves of copper ore, the price of a 100-foot spool of copper wire increased 20% this year to $144. What was the old price (last year's price) for a 100-ft spool of wire?
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Algebra.Com's Answer #216110 by Fombitz(32388) $\"\"$ $\"About$

You can put this solution on YOUR website!
The old price plus 20% is equal to the new price.
\n" ); document.write( " $\"OP%281%2B20%2F100%29=NP\"$
\n" ); document.write( " $\"OP%281.2%29=144\"$
\n" ); document.write( " $\"OP=144%2F1.2\"$
\n" ); document.write( " $\"OP=120\"$
\n" ); document.write( "The old price was $120.
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