SOLUTION: the cost of the item is three thousands,two hundred sixty pesos, if this is 60 percent higher than the original price. what is the original price?

Algebra ->  Percentage-and-ratio-word-problems -> SOLUTION: the cost of the item is three thousands,two hundred sixty pesos, if this is 60 percent higher than the original price. what is the original price?       Log On


   

Question 692752: the cost of the item is three thousands,two hundred sixty pesos, if this is 60 percent higher than the original price. what is the original price?
Answer by josmiceli(19441) About Me  (Show Source):
You can put this solution on YOUR website!
Let +x+ = the original price
given:
+3260+=+x+%2B+.6x+
+3260+=+1.6x+
+x+=+3260+%2F+1.6+
+x+=+2037.5+
The original price was 2 thousand, 37, and one half