Question 103195This question is from textbook
: Original price problem. I need to know the steps on how to solve this question - After a 14% price reduction, a boat sold for $22,360. What was the boat's original price before the reduction?
If you can answer with the steps then great! And thanks so much! This was given to us by our College Algebra 2 Teacher without explanation. Supposedly it is in Sullivan's College Algebra section on problem solving, however I cannot locate an example.
This question is from textbook
Found 2 solutions by Fombitz, checkley75:
Answer by Fombitz(32388)   (Show Source):
You can put this solution on YOUR website! Originally it was priced X.
I reduced it 14% or subtracted 0.14 of the total price, X.
The sell price is then (1-0.14)*X or 0.86X
Original price = $27,950.
Answer by checkley75(3666)  (Show Source):
You can put this solution on YOUR website! x-(.14x)=22360
.86x=22360
x=22360/.86
$26,000 is the original price of the boat.
proof:
26,000-(26,000*.14)=22360
26,000-3640=22360
22360=22360
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