Question

The price of a watch was increased by 20% to £144. What was the price before the increase?

Answer 1

120 pounds

Explanation:

Since the new cost is 144 pounds and this is 20% more, this is 120% of the original price. Remember 100+20 = 120. To find the original price set up a proportion with these values:

`(144)/(x)=(120)/(100)`

Solve for the original price by cross multiplying numerator with denominator.

x(120) = 144(100)

120x = 14400

x= 120 pounds