Question

The price of a computer was decreased by 7% to £500. What was the price before the decrease? Give your answer to the nearest penny.

Answer 1

Answer:

Let the initial price of the computer be £X

decrease in it=7%

Decreased value=£500As per the question,

X-7%of X=500

93X/100=500

X=(500×100/93)=£537.63(approx)