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25 votes
25 votes
Mark buys last year's best-selling novel, in hardcover, for $26.35. This is with a 15% discount from the original price. What was the original price of the novel?

User Pincoin
by
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1 Answer

18 votes
18 votes

Solution

Step 1

Let the original price = m

Step 2

A discount can be defined as a reduction in price.


\begin{gathered} discount\text{ = 15\% of m} \\ \text{= }(15)/(100)\text{ }*\text{ m} \\ =\text{ 0.15m} \end{gathered}

Step 3


\begin{gathered} Selling\text{ price = cost price - discount } \\ 26.35\text{ = m - 0.15m} \\ 26.35\text{ = 0.85m} \\ m\text{ = }(26.35)/(0.85) \\ m\text{ = 31} \end{gathered}

Final answer

The original price of the novel = $31

User Ulou
by
2.8k points