Question

You saved $260 on your new laptop because you bought it online. If this was a 5% savings from the original price, find the original cost of the laptop.

Answer 1

The original cost of the laptop was $5200

Explanation:

we can set up an algebraic equation and solve for the variable.

the variable is going to be the original price because that is what we need to find.

So, x= the original cost of the laptop

let's also convert 5% to a decimal by moving the decimal 2 to the left. So 5% is 0.05

0.05x=260 divide both sides by 0.05 to isolate the variable

0.05x/0.05= 260/0.05

x=5200

We can also check our work by taking 5% of 5200. And 5% of 5200 is 260. In other words, if the laptop cost $5200, buying it online at a 5% savings would save you $260