A product is sold for $300 after a discount of 30%. What was the original price?
Practice Questions
1 question
Q1
A product is sold for $300 after a discount of 30%. What was the original price?
$400
$350
$450
$500
Let the original price be x. After a 30% discount, the selling price is 0.70x. Setting this equal to $300 gives 0.70x = $300, so x = $300 / 0.70 = $428.57, which rounds to $400.
Questions & Step-by-step Solutions
1 item
Q
Q: A product is sold for $300 after a discount of 30%. What was the original price?
Solution: Let the original price be x. After a 30% discount, the selling price is 0.70x. Setting this equal to $300 gives 0.70x = $300, so x = $300 / 0.70 = $428.57, which rounds to $400.
Steps: 7
Step 1: Understand that the product is sold for $300 after a discount of 30%.
Step 2: Let the original price be represented by 'x'.
Step 3: A 30% discount means the customer pays 70% of the original price.
Step 4: Write the equation for the selling price after the discount: 0.70 * x = $300.
Step 5: To find 'x', divide both sides of the equation by 0.70: x = $300 / 0.70.
Step 6: Calculate $300 divided by 0.70, which equals approximately $428.57.
Step 7: Round $428.57 to the nearest whole number, which is $429.
