Answer:elling price (S.P) = (100 - m)% ⋅ Original price -----(1)
Here,
S.P = 127.46, m = 15
Substitute 127.46 for S.P and 15 for m in (1).
127.46 = (100 - 15)% ⋅ Original price
127.46 = 85% ⋅ Original price
127.46 = 0.85 ⋅ Original price
127.46 / 0.85 = Original price
149.95 = Original price
So, the original price is $ 149.95.
Step-by-step explanation:
The original price of product when the product is market down by 15% and the sales price is given so it is $149.95.
Price is down by 15%, so m = 15% or 0.15.
So, Original price = [tex]\frac{Selling price}{( 1 - m)}[/tex]
By putting the value, we get
Original price = [tex]\frac{127.46}{(1 - 0.15)}[/tex]
= [tex]\frac{127.46}{0.85}[/tex]
= $149.95
Hence the original price of of the product was $149.95
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