Question

The selling price for a classic speedboat is $14,000. What was the speedboat’s original price if it is currently selling for $2,000 less than two times its original price?

a) $10,000
b) $12,000
c) $16,000
d) $18,000

Answer 1

The original price of the speedboat was 8,000.

Step-by-step explanation:

The selling price of the speedboat is 14,000, which is 2,000 less than two times its original price. Let's represent the original price of the speedboat as x:

2x - 2,000 = 14,000

Adding 2,000 to both sides of the equation:

2x = 16,000

Dividing both sides of the equation by 2:

x = 8,000

Therefore, the original price of the speedboat was 8,000.