Question

After a 13% price reduction, a boat sold for $25,230. What was the boat's price before the reduction? (Round to the nearest cent, if necessary.) Group of answer choices

Answer 1

The boat's price before the reduction was $ 29,000.

Explanation:

Given that after a 13% price reduction, a boat sold for $ 25,230, to determine what was the boat's price before the reduction, the following calculation must be performed:

100 - 13 = 87

87 = 25230

100 = X

100 x 25 230/87 = X

2523000/87 = X

29000 = X

Therefore, the boat's price before the reduction was $ 29,000.