SOLUTION: What sum of money decreased by 16 2/3% will equal $475?

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Question 1154204: What sum of money decreased by 16 2/3% will equal $475?
Answer by josgarithmetic(39617) About Me  (Show Source):
You can put this solution on YOUR website!
V, that unknown sum of money
'
V-%28%2816%262%2F3%29%2F100%29V=475
Solve this for V.