Answer:
Consider that the price of a Toy was x dollars throughout the year. Since, the Christmas season is knocking on the corner therefore the shopkeeper reduced the price of that toy by 35 percent. If the new price of the toy is $36.48. Find the old price of the toy.
Step-by-step explanation:
Consider that the price of a Toy was x dollars throughout the year. Since, the Christmas season is knocking on the corner therefore the shopkeeper reduced the price of that toy by 35 percent. If the new price of the toy is $36.48. Find the old price of the toy.
The solution of above modeled problem can be found as
Original price of toy = $ x
New Price = x - 0.35 x
New Price = 0.65x
36.48 = 0.65x
x = 36.48/0.65
x = $ 56. 12
So, the price of toy before the Christmas season was $ 56. 12.