A builder of tract homes reduced the price of a model by 12%. If the new price is $ 124,000 , what was its original price? How much can be saved by purchasing the model?

Question

anonymous · Answer

Cute original price... let's call it x !!!
So, the new price, 12400, this is the old price, discounted by 12%...

124000 = x - (12% of x)
124000 = x - 0.12x
124000 = x(1-0.12)
124000 = 0.88x

Well, you get the idea... enjoy x :D

anonymous · Answer

Thank you, I kinda solved it a while ago when I was waiting for some to answer my question.  Well we have the same solution. Thank you!!