Question

A winter jacket is marked down 75% from its original price. According to the new price tag, it now costs $52.50. What was the original price?

Answer 1

$210 original price

Answer 2

@purpledinosaurs: Remember: guide the other person towards finding his or her own answer. Emphatically do NOT just provide the answer without explanation or involvement of the other person.

Answer 3

Let x = original price.

If the markdown was 75%, then this person is paying just 25% of the original price.

Write an equation, involving x (the original price), 0.25 (the fraction of the original price that this person is paying for the jacket), and the new price. Solve for x. Show your work, please.

Answer 4

$$\frac{\text{percent of change}}{{100}}=\frac{\text{change in price}}{\text{original price}}$$

Answer 5

Original price: 1.00 x
Markdown: 75%, or 0.75
Price actually paid: (1.00-0.75)*x=$52.50
or: (0.25)x +$52.50

Please solve this for x. Express your answer in dollars ($).