Question

The price of a holiday was increased by 11% to £870. What was the price before the increase?
Give your answer to the nearest penny

Answer 1

Answer:

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Answer 2

Given,

The cost of a holiday is £870 after an increment of 11%.

To Find,

The price of the holiday before the increment.

Solution,

Let the price of the holiday before the increase = $x$

Since after an increase of 11%, the price of the holiday = £ 870

⇒ $x(1+\frac{11}{100}) = 870$

⇒ $x(\frac{111}{100}) = 870$

⇒ $x = 870(\frac{100}{111}) = 783.78$

Henceforth, the price of the holiday before the increase is £ 783.78.