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.
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.
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