Final answer:
To find the original price Miss Morrison paid for the car, divide the current value of the car, $5,500, by the percentage value in decimal form, 0.55. The result reveals that Miss Morrison's original payment for the car was $10,000.
Step-by-step explanation:
The student's question involves finding the original price Miss Morrison paid for her car, given that the car's current value is $5,500, which is 55% of the original price. To calculate this, we will use the following proportional relationship:
Current Value = (Percentage of Original Price) × (Original Price)
In this case, we're given that the Current Value is $5,500 and the Percentage of Original Price is 55% (or 0.55 in decimal form). To find the Original Price, we can set up an equation:
$5,500 = 0.55 × (Original Price)
Now we solve for the Original Price:
Original Price = $5,500 / 0.55
Original Price = $10,000
Therefore, Miss Morrison paid $10,000 for her car.