Question

After a 15% price reduction, a boat sold for $15,200. what was the boats price before the reduction?

Answer 1

Given that after a 15% price reduction, a boat sold for $15,200. Now we have to find the boats price before the reduction.

Let the boats price before the reduction = x

Reduction = 15% of original price = 15% of x = 0.15x

Then selling price will be difference of original price and reduction

Selling price = Origina price - Reduction

15200 = x - 0.15x

15200 = 0.85x

$\frac{15200}{0.85}=x$

17882.3529412=x

Hence origina price before reduction is approx $17882.35