SOLUTION: 27,500 is the present price which is 10% increase of previous price. How much was the previous price?

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Question 714090: 27,500 is the present price which is 10% increase
of previous price. How much was the previous price?
Answer by rfer(16322) About Me  (Show Source):
You can put this solution on YOUR website!
27500/1.10=25000