SOLUTION: The price of a car was reduced to 19668. This was a 12% reduction. What was the original price?

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: The price of a car was reduced to 19668. This was a 12% reduction. What was the original price?      Log On

Ad: Over 600 Algebra Word Problems at edhelper.com


   



Question 54282: The price of a car was reduced to 19668. This was a 12% reduction. What was the original price?
Found 2 solutions by Nate, Shin123:
Answer by Nate(3500) About Me  (Show Source):
You can put this solution on YOUR website!
Price = x
x - 0.12x = 19668
x(1 - 0.12) = 19668
0.88x = 19668
x = $22,350

Answer by Shin123(626) About Me  (Show Source):