Question

The value of Jamie's baseball card collection rose 60% in the last year. It is now worth $192. What was it worth a year ago?

Answer 1

The price of baseball card collection last year is $120.

Explanation:

In this question we are given the value of Jamie's baseball card collection rose 60% in the last year. It is now worth $192. We need to find the price of baseball card collection last year.

Let x = the price of baseball card collection last year

the value of baseball card collection rose = 0.6x (60% = 60/100 = 0.6)

Current worth = $192

So, we can write

x + 0.6 x = 192

1.6 x = 192

x = 192/1.6

x = 120

So, the price of baseball card collection last year is x = $120