SOLUTION: Abby Kaminsky sold her ski house at Attitash Mountain in New Hampshire for $242,720. This sale represented a loss of 18% off the original price. What was the original price Abby p

Algebra ->  Finance -> SOLUTION: Abby Kaminsky sold her ski house at Attitash Mountain in New Hampshire for $242,720. This sale represented a loss of 18% off the original price. What was the original price Abby p      Log On


   



Question 193010This question is from textbook Practical Business Math Procedures
: Abby Kaminsky sold her ski house at Attitash Mountain in New Hampshire for $242,720. This sale represented a loss of 18% off the original price. What was the original price Abby paid for the ski house? (Round your answer to the nearest dollar. Omit the "$" sign in your response.)
Original price is $
This question is from textbook Practical Business Math Procedures

Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
Abby Kaminsky sold her ski house at Attitash Mountain in New Hampshire for $242,720. This sale represented a loss of 18% off the original price. What was the original price Abby paid for the ski house? (Round your answer to the nearest dollar. Omit the "$" sign in your response.)
Original price is $
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Let the original cost be "x".
Equation:
0.82x = 242,720
x = 242,720/0.82
x = $296,000.00
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Cheers,
Stan H.