Question

At the end of the year, cars made in the current year are marked down to make room for next year's models. One particular model has a sale price of $12,806, which is 24% less than it sold for when it was new. What was the original price of the vehicle?

Answer 1

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Answer:

$16,850

Explanation:

The sale price is 1 -24% = 76% of the original price (p). An equation is ...

12806 = 0.76p

12806/0.76 = p = 16850

The original price of the vehicle was $16,850.