Question 985231: a builder of custom homes reduced the price of a model by 20%. if the new price is $560,000, what was its original price? how much can be saved by purchasing the model?
Answer by Cromlix(4381)   (Show Source):
You can put this solution on YOUR website! Hi there,
100% - 20% = 80%
80% = $560,000
1% = $560,000/80
1% = $7000
100% = $700,000
Original price = $700,000
How much is saved by buying
the model.
$700,000 - $560,000
= $140,000
Hope this helps:-)
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