Answer:
x = $200
The original price is $200
Question :
The price of a dress is reduced by 50%. When the dress still does not sell, it is reduced by 50% of the reduced price. If the price of the dress after both reductions is $50, what was the original price?
Step-by-step explanation:
Let x represent the original price of the dress.
First reduction
After first reduction the value of the price is given as;
p1 = x - 50% of x = (1-0.50)x = 0.5x
p1 = 0.5x
Second reduction
After the second reduction the value of the price is given as;
p2 = p1 - 50% of p1 = (1-0.50)p1 = (0.50)0.50x
p2 = 0.25x .....1
Since, p2 is given
p2 = $50
Substituting into equation 1
$50 = 0.25x
x = $50/0.25 = $200
x = $200
The original price is $200
