The price of an item was increased by 10% and is now $77. Find the original price .
Question
The price of an item was increased by 10% and is now $77.
Find the original price.
Solution
Step 1: Understand that the new price is 110% of the original price because it was increased by 10%.
Step 2: Set up the equation to find the original price (let's call it X). The equation is 110/100 * X = $77.
Step 3: Solve the equation for X. You can do this by dividing both sides of the equation by 110/100, which is the same as multiplying by 100/110.
So, X = 70.
Therefore, the original price of the item was $70.
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