Geoff and hazel bought a new car for $25,000. The car loses approximately 15% of its value each year.
2 answers:
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The original price is $ 60
<em><u>Solution:</u></em>
Given information are:
Original price = ?
Percent of discount = 5 %
Sales price = $ 57
So, we have to find out the original price
Let "x" be the original price
Then, we can say,
Original price = sales price + discount percent of original price
x = 57 + 5 % of x
Thus original price is $ 60