Question

In a sale, the normal price of a boat is reduced by 15%

The sale price of the boat is £272 000
Work out the normal price of the boat.

Answer 1

£320 000

Explanation:

Let x = original price of the boat.

When you reduce a price by 15%, what percent remains in the sale price?

100% - 15% = 85%

After reducing the price of the boat by 15%, the sale price is 85% of the original price.

85% of x = £272 000

0.85x = 272 000

Divide both sides by 0.85

x = 320 000

Answer: £320 000