Question: If a car\'s price is increased by 15% and the new price is $23,000, what was the original price?
Options:
Correct Answer: $20,000
Solution:
Let the original price be x. Then, x + (15% of x) = 23000. This means 1.15x = 23000, so x = 23000 / 1.15 = $20,000.