Jack saved $60 on a jacket during a 30% off sale.What was the original price of jacket.
Will the answer be 200 dollars?
Well lets check that, do the inverse of that.
200 - 30% = 199.7
SO yes, 200 is correct.
0.3 * 200 = 60
You're right.
To find the original price of the jacket, we can use the formula:
Original price = Sale price / (1 - Discount rate)
In this case, the sale price is $60 and the discount rate is 30%, which can be written as 0.3 when converting to decimal form.
Let's substitute these values into the formula:
Original price = $60 / (1 - 0.3)
Calculating further:
Original price = $60 / 0.7
Original price = $85.71 (rounded to two decimal places)
Therefore, the original price of the jacket is approximately $85.71, not $200.