SOLUTION: Here's the problem: After the embargo was lifted, the price of gasoline fell by 10%. Days later, when the cease-fire was announced, the price fell again (from the new lower price

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Question 1043000: Here's the problem:
After the embargo was lifted, the price of gasoline fell by 10%. Days later, when the cease-fire was announced, the price fell again (from the new lower price) by another 20%. If the price of gasoline is now $1.08, what was it originally?

Answer by rfer(16322) About Me  (Show Source):
You can put this solution on YOUR website!
1.08/0.80=1.35
1.35/0.90=1.50 originally