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-   -   x = 40% times 56 (https://www.askmehelpdesk.com/showthread.php?t=746028)

  • Apr 25, 2013, 12:45 PM
    1custer9
    x = 40% times 56
    a store adds 40% to a sale item. How can you find the origi
    nal price (minus the 40 %) from the total sale price.

    example: 10 + 40% = 14, but 14 - 40% does not equal 10?
  • Apr 25, 2013, 12:52 PM
    ebaines
    Here's how to derive the equation to use: Given initial price P, price increase of i and a final price of F, you have



    using your example: P = $10, i = 40%, and F = $10(1+0.4) = $140.

    Now let's take that equation and make P the subject by dividing both sides by (1+i):



    This is the equation to use. So again, using your example: $140/(1+0.4) = $10.

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