The price of a jacket is 52 dollars after a 30% increase.
What was the original price of the jacket?
The price of a jacket is 52 dollars after a 30% increase.
What was the original price of the jacket?
To solve this problem, we'll follow these steps:
Step 1: Identify the given information and convert the percentage to a decimal.
Step 2: Apply the appropriate formula to represent the relationship between the original price and the increased price.
Step 3: Solve for the original price.
Now, let's work through each step:
Step 1: We are given a final price of .
Step 2: The formula for the new price is given by:
This can be rearranged to:
Thus, .
Step 3: Substitute the given new price into the equation:
Divide both sides by 1.30 to solve for the Original Price:
Therefore, the original price of the jacket was \40 \).
$40