Final answer:
Jose paid $500.00 for a car, which was 80% of the original price. By dividing $500.00 by 0.80, it is determined that the original price of the car was $625.00.
Step-by-step explanation:
If Jose bought a car for 80% of the original price, and he paid $500.00 for it, we can set up a simple equation to find the original price. We know that 80% (or 0.80 when expressed as a decimal) of the original price is equal to $500.00. Therefore, we can write the equation as:
0.80 × (Original Price) = $500.00
To find the original price, we divide both sides of the equation by 0.80:
Original Price = $500.00 / 0.80
When we carry out the division, we get:
Original Price = $625.00
Thus, the original price that the seller wanted for the car was $625.00.