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The price of a bag was decreased by 75% and is now $24.Find the original price.

Question

The price of a bag was decreased by 75% and is now $24.Find the original price.

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Solution

Step 1: Understand that the current price represents 25% of the original price because the price was decreased by 75%.

Step 2: Set up the equation 25/100 * Original Price = $24.

Step 3: Solve for the Original Price. You can do this by dividing $24 by 25/100.

Step 4: The result is 96.So,theoriginalpriceofthebagwas96. So, the original price of the bag was 96.

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