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22 December, 10:58

The original price P for a necklace is the same at both jewelry stores. At Store A, the sale price is 60% of the original price. Last month, at Store B, the sale rice was $40 less than the original price. This month, Store B is selling the necklace for 80% of last months reduced price. The current sale prices are the same for both stores. Write and solve an equation to find the original price of the necklace.

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  1. 22 December, 11:01
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    Let the original price of the necklace be 'x'

    Store A's price = 60% of x = 0.6x

    Store B's price (last month) = x - 40

    Store B's price (this month) = 80% of (x - 40) = 0.8 (x - 40)

    Store A's price = Store B's price

    0.6x = 0.8 (x - 40)

    0.6x = 0.8x - 32

    32 = 0.8x - 0.6x

    32 = 0.2x

    x = 32:0.2

    x = 160

    Original price of the necklace is $160
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