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I have a guestion Suppose that Jamie bought a bike in 2009 and sold it for a loss of 18% a year later. If she sold it for $116.64 what was theioriginal purchase price?
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116.64 = original price - original price(18%)
116.64 = P - P(.18) 166.64 = P(1 - .18) P = 166.64 /(1-.18)
203.21951219512195121951219512195
price is 116.54
then just put the right price into the equation...and work it :)
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ok sorry the price is 116.64 I can type today
oh ...yeah, that 166.64 is just a typo in my head lol :)
P = 116.64/(1-.18)
so it the answer 203.22
142.2439 is the correct answer with everything put in as intended :)
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that is what I got also thanks so much
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