document.write( "Question 1026655: When the original price of an item is increased by a certain rate, the increased price is P3100. When the original price is decreased by the same rate, the decreased priced is P 1900. What is the original price of the item? \n" ); document.write( "
Algebra.Com's Answer #641926 by robertb(5830)![]() ![]() You can put this solution on YOUR website! Let p = original price of the item, and r = rate of increase/decrease.\r \n" ); document.write( "\n" ); document.write( "==> P(1+r) = 3100 and P(1-r) = 1900, as per given information.\r \n" ); document.write( "\n" ); document.write( "Divide the first equation by the second equation (divide corresponding sides.)\r \n" ); document.write( "\n" ); document.write( "==> \n" ); document.write( "==> \n" ); document.write( "==> \n" ); document.write( "\n" ); document.write( "==> P(1.24) = 3100 ==> \n" ); document.write( "\n" ); document.write( "Therefore, P = P2,500, the original price of the item. \n" ); document.write( " \n" ); document.write( " |