SOLUTION: Can you please help me solve this problem, it seems like it should be simple, but I cannot figure it out. A carpenter bought a circular power saw at a sale and paid $180. If th

Algebra ->  Percentage-and-ratio-word-problems -> SOLUTION: Can you please help me solve this problem, it seems like it should be simple, but I cannot figure it out. A carpenter bought a circular power saw at a sale and paid $180. If th      Log On


   



Question 74212: Can you please help me solve this problem, it seems like it should be simple, but I cannot figure it out.
A carpenter bought a circular power saw at a sale and paid $180. If the price he paid is 20% less than the regular price, what is the original price?
I would appreciate any help you can give me.
Thank You,
Melisa

Answer by jim_thompson5910(35256) About Me  (Show Source):
You can put this solution on YOUR website!
Let p=original price. If you buy a product that's 20% off, you're buying it with 20 percent of that price subtracted from that price. For instance, if an item is originally priced at $100 and it has a 10% discount you pay 10% less than $100. Or in other words 100-10%(100)=100-.1(100=100-10=90. So you would pay $90 instead of $100. The same idea applies here, but we don't know the original price, so we let that be our unknown.
180=p-.2pSubtract like terms
180=.8pDivide both sides by .8
180%2F.8=p
p=225
So the original price was $225


Check:
$225-20% of 225=225-.2(225)=225-45=180 So our answer checks out.