<PRE><B>Question 960714</B>
Let x be the price of an mp3 player last year, then
x - .2x = 120
.8x = 120
x = 120 / .8
x = 150
The price of the mp3 player LAST YEAR is $150
*********************************************
If we assume the same .20 decrease for NEXT YEAR, the cost of the mp3 player will be 120 - 24 = $96
***********************************************
not sure if you want price of mp3 player LAST YEAR or NEXT YEAR?



</PRE>