SOLUTION: Item marked down 24% to $499.00. what is orginal price

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Question 287202: Item marked down 24% to $499.00. what is orginal price
Answer by richwmiller(17219) About Me  (Show Source):
You can put this solution on YOUR website!
An item marked down 24% was originally 100%
100-24=76%
so the new price is 76% of the old price
.76*p=499.00
p=656.579
check
.24*656.579=157.579
subtract 157.579 from 656.579=499.00
ok