Answer:
2014 price was $49,091
Explanation:
I'm assuming you want to solve for 2014 year price...
2015 year price is 54,000 and was 10% higher than 2014 price, meaning 2015 price is 110% of 2014 price so...
p×110%=54,000
p=54,000/1.1
p=49,090.90
1.6m questions
2.0m answers