The price of a flight was increased by 3% to £650. What was the price before the increase? Give your answer to the nearest penny
2 answers:
Answer:
£631.07
Step-by-step explanation:
Increasing a value by 3% is the same as taking 103% of it - you have the original price (100%) plus an additional 3% of it. Let's call the original price here p. We're told that after a 3% increase, the price goes up to £650. Put another way: 103% of p is £650. In equation form:
To solve for p, we can simply divide both sides of our equation by 1.03 to get
So our orignal amount, to the nearest penny, was £631.07
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Answer:
Step-by-step explanation:
Things to remember:
1). When we divide a number having decimal by 10, 100, 1000 or any number multiple of ten, decimal point of the numerator shifts left by the number of zeros present in denominator.
Example:
2). When we multiply a decimal number by 10, 100, or any number number multiple of 10, decimal point of the original number shifts right by number of zeros present in multiplier.
Example: 2.0 × 100 = 200
In this question, 0.014 × 100000 = 1400.000
Therefore, product of 0.014 and 100000 is 1400 because the decimal point in 0.014 moves 5 places to the right.