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3 votes
A1955 Camaro has had its price inflated by 185% since it was

purchased if the car now costs $5,000, what did the car
originally cost?

User Talonj
by
7.9k points

1 Answer

3 votes

Final answer:

The original price of the 1955 Camaro, which has seen its price increase by 185%, can be found by dividing the current price of $5,000 by 2.85, resulting in an original price of approximately $1,754.39.

Step-by-step explanation:

To find the original cost of the 1955 Camaro which now costs $5,000 after being inflated by 185%, we first need to understand that the 185% increase is over and above the original price, which means the total cost is 100% (original) + 185% (increase) = 285% of the original price.

We express this as a decimal by dividing 285 by 100, giving us 2.85

Therefore, to find the original price, we divide the current price by 2.85.
Original Price = Current Price / 2.85

Original Price = $5,000 / 2.85

The original price of the Camaro is therefore approximately $1,754.39.

This is a simple percentage problem where we effectively reverse the percentage increase to find the original amount before inflation.

User David Carney
by
8.0k points
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