Question

The original price of a stereo was reduced by 40%. The sales price was then reduced by 25%. This price was then reduced by 20%. If the stereo is now selling for $324, what was the original price?

Answer 1

Answer:

$800

Step-by-step explanation:

Solving the question backwards:  

Before 35% was reduced, price: (100/65)*234 =$360

Before 25% was reduced, price: (100/75)*360 =$480

Original price: (100/60)*480 =$800