Question

A restaurant raises the price of its signature dish by 15%

The new price of the dish is 14.50

What was the original price of the dish?

Answer 1

Therefore, the original price of the dish was $12.61.

Explanation:

Let the original price of the dish be "x".

After raising the price by 15%, the new price becomes:

x + 0.15x = 1.15x

We know that the new price is $14.50, so we can set up the equation:

1.15x = 14.5

To solve for x, we can divide both sides by 1.15:

x = 14.5 / 1.15

x = 12.61 (rounded to two decimal places)

Answer 2

Let's say that the original price of the signature dish was x.

The problem tells us that the price was increased by 15%, which means that the new price is 1.15 times the original price:

1.15x = 14.50

To find the original price, we need to isolate x on one side of the equation. We can do this by dividing both sides by 1.15:

x = 14.50 ÷ 1.15

x = 12.61

Therefore, the original price of the dish was $12.61.