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