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If the cost of a painting is increased by 9 % . Now the cost of the painting is $ 654 What was the original cost of the painting

Question

If the cost of a painting is increased by 9 % . Now the cost of the painting is $ 654

What was the original cost of the painting?

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Solution

To find the original cost of the painting, we need to understand that the current cost represents 109% of the original cost (because it was increased by 9%).

Step 1: Express the current cost as a percentage. The current cost is $654, which is 109% of the original cost.

Step 2: To find 1% of the original cost, divide the current cost by 109. So, 1% of the original cost is 654/109=654 / 109 = 6.

Step 3: To find 100% of the original cost (which is the original cost itself), multiply the value of 1% by 100. So, the original cost of the painting is 6100=6 * 100 = 600.

This problem has been solved

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