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19 February, 02:58

An aquarium is on sale for $59.50. If this price represents a 15% discount from the original price, what is the original price to the nearest cent?

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  1. 19 February, 03:04
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    The original price is $70.00

    The problem states that $59.50 is the discounted price, this means that it is not the 100% price of the aquarium. Since 15% is the discount, the remaining price is equivalent to 85% of the original price, which amount to $59.50.

    100% - 15% = 85%

    100% - 15% = $59.50

    To get original price, we must divide the discounted price by its corresponding percentage.

    $59.50 / 85% = original price

    $59.50 / 0.85 = $70

    To check, we must get the 15% equivalent amount from the original price.

    $70 x 15% = $10.50 discount value

    $70 - $10.50 = $59.50 discounted price
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