SOLUTION: Amy paid $74.62 for a pair of running shoes during a 20% off sale. What was the regular price?

Algebra ->  Test -> SOLUTION: Amy paid $74.62 for a pair of running shoes during a 20% off sale. What was the regular price?      Log On


   



Question 324979: Amy paid $74.62 for a pair of running shoes during a 20% off sale. What was the regular price?
Answer by jessica43(140) About Me  (Show Source):
You can put this solution on YOUR website!
We know that Amy received 20% off the regular price of the shoes, which means she paid 80% of the regular price. We also know that 80% of the original price is 74.62. So we need to set up an equation that states what we know:
R(0.80) = 74.62 (where R is the regular price)
Now solve for R:
R(0.80) = 74.62
R = 93.275
So the regular price of the running shoes is $93.28.