Question

After a 20% reduction, you purchase a new digital player for $324. What was the price of the digital player before the reduction?

Answer 1

$388.8

Explanation:

324 is 100% of the buying price so 20% of it would be:

(20/100) × 324 = $64.8

Since it is a reduction in price, the original price must be greater so:

324 + 64.8= $388.8

OR

324 is 100% of the buying price so the original price must be 20% greater as it is a reduction hence:

100+20= 120%

(120/100) × 324= $388.8