Question

The price of a product increased by $75, which was a 15% increase. What was the product's original price

Answer 1

The correct answer is: The original price is = x = $500

Step-by-step explanation:

Mathematically, we can write it as:

`(15)/(100) * x = 75`

x = Original Price

The above equation can be read as: "The 15% of the original price is $75."

Now we need to find the value of x:

`x =(75 * 100)/(15) = 500`

Hence,

The original price is = x = $500