Question

Today only, a table is being sold at a 65% discount. The sale price is $203.00.What was the price yesterday?

Answer 1

Answer:

$580

Explanations:

The formula to calculate the price yesterday is expressed as:

$Price\text{ yesterday}=\frac{Sale\text{ price}}{1-\%discount}$

Given the following parameters

Sale price = $203

Percent discount = 65% = 0.65

Substitute

$\begin{gathered} Price\text{ }yesterday=\frac{203}{1-0.65} \\ Price\text{ }yesterday=\frac{203}{0.35} \\ Price\text{ }yesterday=\ 580 \end{gathered}$

Hence the price yesterday was $580