Answer:
$210
Step-by-step explanation:
The original price of the item = 100%
If the item was reduced by 55%, then the discounted price of the item = 100% - 55% = 45%
Therefore, $94.50 = 45% of the original price.
45% = 45/100 as a ratio
Using ratios, and letting [tex]x[/tex] be the original price:
94.50/[tex]x[/tex] = 45/100
Cross multiply: 94.50 x 100 = 45 x [tex]x[/tex]
9450 = 45[tex]x[/tex]
Divide both sides by 45: 210 = [tex]x[/tex]
Therefore, the original price of the item was $210
Alternatively, divide 94.50 by 45 to get the cost per 1%. Then multiply this by 100 to get the original price (100%):
(94.50 ÷ 45) x 100 = 210