SOLUTION: A coat is selling at ¾ of its original price. The sale price is $120. You can find the original price, p with the equation 3/4p=120. Find the original price.

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: A coat is selling at ¾ of its original price. The sale price is $120. You can find the original price, p with the equation 3/4p=120. Find the original price.      Log On

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Question 617206: A coat is selling at ¾ of its original price. The sale price is $120. You can find the original price, p with the equation 3/4p=120. Find the original price.
Answer by nerdybill(7384) About Me  (Show Source):
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A coat is selling at ¾ of its original price. The sale price is $120. You can find the original price, p with the equation 3/4p=120. Find the original price.
.
The problem gives you the formula:
3/4p=120
all you need to do is solve for p:
.
3/4p=120
start by multiplying both sides by 4:
4 * 3/4p = 4 * 120
3p= 480
divide both sides by 3:
3p/3 = 480/3
p = $160