Question

The price of a car is lowered by 20% to 40,000. What was the original price
Also find the reduction in price.​

Answer 1

Answer:

Original price = 50000. Reduction in price = 10000

Step-by-step explanation:

Lets say original price = x

Then equation would be (Total price = 40000 + 20% of total price)

x = 40000 + 0.2x

x-0.2x = 40000

0.8x = 40000

x = 40000/0.8

x = 50000

Reduction in price = 50000 - 40000 = 10000