SOLUTION: If I only know the discounted percent which is 25% and I know the new price which is $530. How do I find the original price and discount amount?

Algebra ->  Percentage-and-ratio-word-problems -> SOLUTION: If I only know the discounted percent which is 25% and I know the new price which is $530. How do I find the original price and discount amount?      Log On


   

Question 660575: If I only know the discounted percent which is 25% and I know the new price which is $530. How do I find the original price and discount amount?
Answer by jim_thompson5910(35256) About Me  (Show Source):
You can put this solution on YOUR website!
x - 0.25x = 530

0.75x = 530

x = 530/0.75

x = 706.666666666667

So the original price is $706.67

25% of that is 0.25*706.67 = 176.6675 which becomes $176.67, so the discount is $176.67