Math Problem Statement

The price of an item aftr discount is 75.00. What is the original price of the item if it was sold on a 40% discount?

Solution

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Math Problem Analysis

Mathematical Concepts

Algebra
Percentage Calculations
Discount Calculations

Formulas

Price after discount = Original Price × (1 - Discount Rate)
Original Price = Price after discount / (1 - Discount Rate)

Theorems

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Suitable Grade Level

Grades 6-8