document.write( "Question 97915: The current price of a pound of coffee is 80% of last year’s price. If it now costs $3.00 per pound, what was the cost last year? \n" ); document.write( "
Algebra.Com's Answer #71221 by rajagopalan(174)\"\" \"About 
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Let the cost last year =x
\n" ); document.write( "Current price =0.8x
\n" ); document.write( "0.8x=3
\n" ); document.write( "x=(3/80)*100=15/4=3.75 $\r
\n" ); document.write( "\n" ); document.write( "Verify
\n" ); document.write( "Last year's price =3.75
\n" ); document.write( "Current price=3.75x0.80=3 $
\n" ); document.write( "OK
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