Question 15
Commercial ArithmeticThe price of a shoe was decreased by 22%. If the new price was $27.30, what was the original price?
- A.$62.30
- B.$42.30
- C.$72.00
- D.$35.00
Show the answer and explanation
Answer: D ($35.00)
Explanation
The new price is 78% of the old: 0.78P = 27.30, so P = 27.30 ÷ 0.78 = $35.00.