SOLUTION: Paul wants to buy a stereo system. A 20% discount is given if the purchase is paid for within 10 days. If Paul pays $400 at the time of the purchase, what was the original price of

Algebra ->  Percentages: Solvers, Trainers, Word Problems and pie charts -> SOLUTION: Paul wants to buy a stereo system. A 20% discount is given if the purchase is paid for within 10 days. If Paul pays $400 at the time of the purchase, what was the original price of      Log On

 

Hi,

 20% discount, paid 80% of the original price

   .80P = $400

      P = $400/.80 = $500