SOLUTION: A builder of tract homes reduced the price of a model by 20%. If the new price is $ 200,000 what was its original price? How much can be saved by purchasing the model?

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Question 1047773: A builder of
tract homes reduced the price of a model by 20%. If the new price is $ 200,000 what was its original price? How much can be saved by purchasing the model?

Answer by advanced_Learner(501) About Me  (Show Source):
You can put this solution on YOUR website!
20% reductions means 80% x=200,000
x=250,000 meaning 250,000-200,000 or 50,000 can be saved by purchasing the new model.