SOLUTION: The shop price of a laptop computer was $640. After discount of 25% the price was still 20% more than its factory price. what was the factory price of the laptop computer

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Question 1023862: The shop price of a laptop computer was $640. After discount of 25% the price was still 20% more than its factory price. what was the factory price of the laptop computer
Answer by fractalier(6550) About Me  (Show Source):
You can put this solution on YOUR website!
If we discount the $640 computer 25%, its sales price will be $480.
This is 120% of the factory price...so let's divide
$480/1.20 = $400 which is the factory price.