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After receiving a discount of 7.5% on its bulk order of typewriter ribbons, John's Office Supply pays $4995. What was the price of the order before the discount? Round to the nearest dollar is necessary.
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After receiving a discount of 7.5% on its bulk order of typewriter ribbons, John's Office Supply pays $4995. What was the price of the order before the discount? Round to the nearest dollar is necessary.

User Rsmets
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1 Answer

6 votes
Original price = discount ÷ (100 - %)

4,995 ÷ (100 - 7.5)

4,995 ÷ 0.925 = $5,400

Check our work:

Discount = original price × discount rate - product

5,400 × 0.075 = 405

5,400 - 405 = 4,995

The price before the discount was $5,400.
User Triumphant
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