SOLUTION: After a 40% price reduction, you purchase a camcorder for $468. What was the camcorder's price before the reduction?

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: After a 40% price reduction, you purchase a camcorder for $468. What was the camcorder's price before the reduction?      Log On

Ad: Over 600 Algebra Word Problems at edhelper.com


    

Question 657026: After a 40% price reduction, you purchase a camcorder for $468. What was the camcorder's price before the reduction?
Found 2 solutions by rfer, lwsshak3:
Answer by rfer(16322) About Me  (Show Source):
You can put this solution on YOUR website!
468/0.60=$780

Answer by lwsshak3(11628) About Me  (Show Source):
You can put this solution on YOUR website!
After a 40% price reduction, you purchase a camcorder for $468. What was the camcorder's price before the reduction?
**
let x=camcorder's price before the reduction?
x-40%x=468
x-.4x=468
.6x=468
x=468/.6=467.40
camcorder's price before the reduction=$467.40