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If a product is sold for $300 after a discount of 20%, what was the original pri

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Question: If a product is sold for $300 after a discount of 20%, what was the original price?

Options:

  1. $360
  2. $320
  3. $300
  4. $280

Correct Answer: $360

Solution:

Let the original price be x. Then, x - 0.2x = 300 => 0.8x = 300 => x = 300 / 0.8 = 360.

If a product is sold for $300 after a discount of 20%, what was the original pri

Practice Questions

Q1
If a product is sold for $300 after a discount of 20%, what was the original price?
  1. $360
  2. $320
  3. $300
  4. $280

Questions & Step-by-Step Solutions

If a product is sold for $300 after a discount of 20%, what was the original price?
  • Step 1: Understand that the product is sold for $300 after a 20% discount.
  • Step 2: Let the original price be represented by 'x'.
  • Step 3: A 20% discount means the customer pays 80% of the original price.
  • Step 4: Write the equation for the sale price: 0.8 * x = 300.
  • Step 5: To find 'x', divide both sides of the equation by 0.8: x = 300 / 0.8.
  • Step 6: Calculate 300 divided by 0.8 to find the original price.
  • Percentage Discount Calculation – Understanding how to calculate the original price of a product after a percentage discount has been applied.
  • Algebraic Manipulation – Using algebra to solve for an unknown variable in an equation.
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