SOLUTION: In 2010, the price of a business math text rose to $113. This is 6% more than the 2009 price. What was the old selling price?

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Question 193020This question is from textbook Practical Business Math Procedures
: In 2010, the price of a business math text rose to $113. This is 6% more than the 2009 price. What was the old selling price? This question is from textbook Practical Business Math Procedures

Answer by jojo14344(1513) About Me  (Show Source):
You can put this solution on YOUR website!


Let "x" = 2009 price

For 2010 price:
x%2B0.06x=113, Increased of 6%

x%281%2B0.06%29=113
x%2Across%281.06%29%2Fcross%281.06%29=cross%28113%29106.6%2Fcross%281.06%29
x = $106.6 -----> Price in 2009
Thank you,
Jojo