document.write( "Question 721100: A company reduced the price of an article by 5%.by what per cent a retailer must increase the new price so as to sell the article at the old price ? \n" ); document.write( "
Algebra.Com's Answer #442196 by Jstrasner(112)\"\" \"About 
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Hey,\r
\n" ); document.write( "\n" ); document.write( "So to solve this problem, we need to think of the price as a value, like x. So if the original price was x, then when the company reduced the price by 5%, the equation would look like this:\r
\n" ); document.write( "\n" ); document.write( "x - (x)(5%) => x-.05x => x(1-.05) => x(.95) \r
\n" ); document.write( "\n" ); document.write( "Now, if we want to get back to the original price, we need to get .95x back to 1x. So the difference between 1 and .95 is .05 which translates to 5%. So the retailed must increase the new price by 5% to sell the article at the old price. \r
\n" ); document.write( "\n" ); document.write( "I hope this helps!\r
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