Question

The value of a professional basketball player's autograph rose 30% in the last year. It is now worth $325.00. What was it worth a year ago?

Answer 1

$227.50. First, you convert 30% into a decimal: 0.30. Then, you multiply 325.00 by 0.30. This equals 97.50. 97.50 is 30% of 325, so you need to subtract 97.50 from 325.00. This equals $227.50.