Question

An item is worth $240 now. This is 30% of what it was originally worth. What was it originally worth?

Answer 1

To find out how much the item was originally worth, we will use the formula:
OP= P/1 - %
OP is the original price and P is the price now and % is the, well, percent. So let’s put the numbers in. Remember that you must convert the percent to a decimal by dividing it by 100.
OP = 240/1 - 0.30
OP = 240/0.7
OP= 342.8571428571429
OP (rounded) = $342.86
So the original price of the item was $342.86 before the 30% cut.

Hope this helped!