Question

The manufacturer's price for a Jinko car is $x

Ben was given a 7% discount on the manufacturer's price when he bought a Jinko.
Ben paid $23 622 when he bought his Jinko.
(a) Calculate the value of x.

Answer 1

x = $25,400 [the original price of the Junko car]

Explanation:

The price Ben paid, $23,622, is after the 7% discount. Let x be the original price of the Jinko car. Ben's prices reflect a 7% discount:

x*(1-0.07) = $23,622 [The expression (1-0.07) means the original price, 1, is reduced by 7%, -0.07, to give the final price]

(0.93)x = $23,622

x = $25,400