Question

The price of a car was decreased by 16% to £2400. What was the price before the decrease?

Give your answer to the nearest penny.

Answer 1

£2857.14

Explanation:

The price after the decrease is 84% of the original price, so we have ...

£2400 = 0.84 · (original price)

£2400/0.84 = original price ≈ £2857.14