SOLUTION: A house sold for $35,000. This sale represents a loss of 15% off original price. What was the original price of the home? round to the nearest dollar.

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Question 348154: A house sold for $35,000. This sale represents a loss of 15% off original price. What was the original price of the home? round to the nearest dollar.
Answer by nyc_function(2741) About Me  (Show Source):
You can put this solution on YOUR website!
STEPS:

(1) 100% - given percent = new percent

(2) sold price divided by new percent

100% - 15% = 75%

Then 35,000/0.75 = original price

original price = $46,666.66