SOLUTION: The price of a car is increased by 25%. The new price, after the increase is 250000. Find the following using an equation: 1)The original Price 2)The amount of the increase

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Question 401202: The price of a car is increased by 25%. The new price, after the increase is 250000. Find the following using an equation:
1)The original Price 2)The amount of the increase
Found 3 solutions by sofiyac, ewatrrr, Tatiana_Stebko:
Answer by sofiyac(983) About Me  (Show Source):
You can put this solution on YOUR website!
percent******number
100***********x
125**********250000
multiply across, they are ratios.
x=%28250000%2A100%2F125%29=200000 so this is the original value
Thus the amound of the increase is
increase=250000-200000=50000

Answer by ewatrrr(24785) About Me  (Show Source):
You can put this solution on YOUR website!


Hi

Let x represent the original price

Question states***

 x = $250,000/1.25 = $200,000, the original price, 

$50,000 the amount of the increase.

Answer by Tatiana_Stebko(1539) About Me  (Show Source):
You can put this solution on YOUR website!
Let $x is original price
The amount of the increase - 25% from original price is 0.25%2Ax$
New price is the original price plus the amount of increase x%2B0.25x
New price is 250000
So equation
x%2B0.25x=250000
1.25x=250000
x=250000%2F1.25
x=200000 $ is original price
The amount of the increase 0.25%2Ax=0.25%2A200000=50000$
Answer: 1)The original Price $200000 2)The amount of the increase $50000