Math Problem Statement
A property sold for 425% of what the vendors originally paid for it. What was that original price if the recent selling price was $680,000?
Solution
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Math Problem Analysis
Mathematical Concepts
Algebra
Percentage
Proportions
Formulas
Percentage to Decimal Conversion: P% = P / 100
Proportion: Selling Price = (Percentage × Original Price)
Theorems
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Suitable Grade Level
Grades 6-8
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