SOLUTION: You pay $38.50 for a sweater that is marked 30% off the reguar price. What is the regular price of the sweater? How much did you save by buying it on sale?

Algebra ->  Finance -> SOLUTION: You pay $38.50 for a sweater that is marked 30% off the reguar price. What is the regular price of the sweater? How much did you save by buying it on sale?      Log On


   

Question 158452: You pay $38.50 for a sweater that is marked 30% off the reguar price. What is the regular price of the sweater? How much did you save by buying it on sale?
Answer by checkley77(12844) About Me  (Show Source):
You can put this solution on YOUR website!
.7X=38.50
X=38.50/.7
X=$55.00 IS THE ORIGINAL PRICE.
55.00-38.50=$16.50 IS THE SAVINGS.