Question

The answer and how to do it.

Answer 1

let x = orginal price of the shorts

$21 = x(100%-20%) * 1.05

$21 = x(80%) * 1.05

$21 = 0.8x * 1.05

Subtract 1.05 from both sides

$19.95 = 0.8x

Divide 0.8 from both sides

$24.9375 = x

So the orginal price of the shorts are about $24.94