SOLUTION: after a price increase of 15% a car is sold for $25000. what was original price?
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Question 723074
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after a price increase of 15% a car is sold for $25000. what was original price?
Answer by
fcabanski(1391)
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Call the original price x. A price increase of 15% means x + .15x or x * (1.15) and it = 25000. Solve the equation for x.
x * (1.15) = 25000 ___> x = 25000/1.15 = 21739.13