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The price of a saw went up 12% to $14.00. What was the price before the increase?

a. $12.50
b. $12.45
c. $13.00
d. $12.48

1 Answer

3 votes

Final answer:

The original price of the saw before a 12% increase to $14.00 was $12.50.

Step-by-step explanation:

To find the original price of the saw before the 12% increase, we need to work backward from the new price of $14.00. We understand that the $14.00 represents 112% of the original price, with the 12% representing the increase. To find 100% of the original price or the price before the increase, we divide $14.00 by 1.12 (since 112% expressed as a decimal is 1.12).

This calculation gives us:

Original Price = $14.00 / 1.12 = $12.50

So, the correct answer is a) $12.50, which was the saw's price before the price increase.

User Ajay Singh
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