Question 535285: A store set the price it sold a pair of jeans for by tripling the amount it had paid for the jeans. After a month, the jeans were marked down by $5. Two weeks later, the price was divided in half. Finally, the price was reduced $3, down to $14.99. How much did the store pay for the jeans?
Answer by MathTherapy(10552) (Show Source):
You can put this solution on YOUR website! A store set the price it sold a pair of jeans for by tripling the amount it had paid for the jeans. After a month, the jeans were marked down by $5. Two weeks later, the price was divided in half. Finally, the price was reduced $3, down to $14.99. How much did the store pay for the jeans?
Let the price the store paid for the jeans be P
Since the price was tripled, then itw's set at: 3P
Since itw's reduced by $5, then it went down to 3P - 5
Since itw's again reduced to half, then it went down to
Since itw's finally reduced by $3, down to $14.99, then we can say that:
3P - 5 - 6 = 29.98 ------ Multiplying by LCD, 2
3P - 11 = 29.98
3P = 40.98
P, or original price of jeans = , or $
You should be able to do your own check!!
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