SOLUTION: What is the original price if first the price was increased for 10% and then decreased for 20% and the final price was 220?

Algebra ->  Percentage-and-ratio-word-problems -> SOLUTION: What is the original price if first the price was increased for 10% and then decreased for 20% and the final price was 220?      Log On


   

Question 591221: What is the original price if first the price was increased for 10% and then decreased for 20% and the final price was 220?
Answer by jerryguo41(197) About Me  (Show Source):
You can put this solution on YOUR website!
x= original price
Price after first Increase:
x%2A1.10=1.10x
Price after 20% Decrease:
1.10x%2A0.8=0.88x
So the final price is 88% the original thus:
0.88x=220
Simplify
x=250
Original Price was $250