The selling price for a classic car is $12,000$12,000. What was the car's original price if it is currently selling for $1500$1500 less than three times its original price?
Question
The selling price for a classic car is 12,000. What was the car's original price if it is currently selling for 1500 less than three times its original price?
Solution
Step 1: Let's denote the original price of the car as x.
Step 2: According to the problem, the car is currently selling for 12,000.
Step 3: Now, we need to solve this equation for x. First, add 1500 to both sides of the equation to isolate the term with x on one side: 3x = 1500 = $13,500.
Step 4: Finally, divide both sides of the equation by 3 to solve for x: x = 4500.
So, the car's original price was $4500.
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