SOLUTION: After a 13% price reduction, a boat sold for $22,620. What was the boat's price before the reduction? (Round to the nearest cent, if necessary).

Algebra ->  Coordinate Systems and Linear Equations  -> Linear Equations and Systems Word Problems -> SOLUTION: After a 13% price reduction, a boat sold for $22,620. What was the boat's price before the reduction? (Round to the nearest cent, if necessary).      Log On


   

Question 1199788: After a 13% price reduction, a boat sold for $22,620. What was the boat's price before the reduction? (Round to the nearest cent, if necessary).
Found 2 solutions by josgarithmetic, ikleyn:
Answer by josgarithmetic(39620) About Me  (Show Source):
You can put this solution on YOUR website!
p original price
p-0.13p=22620
.
.

Answer by ikleyn(52814) About Me  (Show Source):
You can put this solution on YOUR website!
.
After a 13% price reduction, a boat sold for $22,620.
What was the boat's price before the reduction?
(Round to the nearest cent, if necessary).
~~~~~~~~~~~~~~ 

    p - 0.13p = 22620  dollars.

    0.87p = 22620

        p = 22620%2F0.87 = 26000  dollars.    ANSWER

Solved.