SOLUTION: If a washing machine costs $330 after a price increase of 20%, what was the original cost?

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Question 822558: If a washing machine costs $330 after a price increase of 20%, what was the original cost?
Answer by TimothyLamb(4379) About Me  (Show Source):
You can put this solution on YOUR website!
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p*(100% + 20%)/100 = 330
p*(120%)/100 = 330
p*1.20 = 330
p = 330/1.2
p = $275
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