1. Subtract the percentage discount from 100
100 - 20= 80
2. Multiply the final price($245) by 100
245 × 100= 24,500
3. Divide the answer in step 2 by the answer in Step 1
24,500 ÷ 80= $306.25
answer is $306.25
How to check to ensure your answer is correct:
1. Multiply the "answer" by the discount price divided by 100. This will give the discount percentage in dollars.
$306.25 × 0.2( which is 20÷100)= $61.25(discount in dollars)
2. Subtract the discount in dollars from the "answer"
$306.25 - $61.25= $245(final price is the same as in the problem so it is correct)
OR
1. Multiply the original price by the number you get from step 1 in your problem divided by 100
$306.25 × 0.8(80 from the very first step divided by 100)= $245(the final price is the same given in the question)