Question 900785: the price of a magazine subscription rose 4% this year. If the subscription now costs $26, how much did it cost last year? Found 2 solutions by ewatrrr, swincher4391:Answer by ewatrrr(24785) (Show Source):
You can put this solution on YOUR website! We know that 4% as a decimal is .04 and that makes the multiplier 1+.04 = 1.04. So, if we take 26/1.04, that will discount our $26 by one year. So 26/1.04 = 25.
To check: $25 * .04 = $1
$25 + $1 = $26. Check.
