Question

Saidhari bought a toaster oven for $45 . This price was 1/4 off the list price. What was the list price?

Answer 1

List price: (100/75)*45 = $60

Answer 2

The list price is $60

Explanation:

We know the following information:

• Saidhari bought a toaster oven for $45
• This price was 1/4 off the list price

`(1)/(4)=0.25`

So, we can conclude Saidhari bought a toaster oven for 75% (1-0.25) of the list price

Now, we need to know the list price

`List_p_r_i_c_e= 45*(100)/(75) \\List_p_r_i_c_e= 60`