Question

The price of a ring was increased by 8% to £486. What was the price before the increase?

Answer 1

Step-by-step explanation:

price before increased be x

After it is increased by 8% it becomes1.08x

equal to 486

so 1 .08x=486

x=£450

Answer 2

The price of the ring before the increase was £450.

What is the Selling Price?

This refers to the value given to a product when sold to consumers from the retailers or wholesalers.

Hence,

Given that the price before the increase is X

If increased by 8%,

It becomes 1.08x=486

Collect like terms

x= £450

Read more about the selling price here:
https://brainly.com/question/1153322

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