Jay Miller sold his ski house in New Hampshire for 32000 the sale represented a loss at 12% off the original price what was the original price Jay paid for the ski hoise
REmember that
100%-12%=88%=88/100=0.88
so
we have that
Let
x -------> the original price
0.88x=32,000
solve for x
x=32,000/0.88
x=$36,363.64
therefore
origial price was $36,363.64