Question

After an increase in price is 15 percent the value become$73 .what is the original $ value?

Answer 1

To find the original value before a 15 percent increase, divide the final value of $73 by 1.15, which gives an original value of $63.48.

Step-by-step explanation:

We need to find the original dollar value before a 15 percent price increase made it $73. To do this, we can set up the equation where the original value is represented by 'x', and the increase is represented by multiplying x by 1 + 0.15 (which accounts for the 15 percent increase).

The equation is:

Original Value x (1 + 0.15) = $73

To find the original value ('x'), we divide $73 by 1.15:

x = $73 / 1.15

Calculating this gives us:

x = $63.48

So, the original value of the item was $63.48.