Solved

During 2005 the Price of a Good Increased by 8

Question 1

Multiple Choice

During 2005 the price of a good increased by 8%. In the sales on January 1st 2006, all items are reduced by 25%. If the sale price of the good is $688.50, find the original price at the beginning of 2005.


A) $935
B) $850
C) $558
D) $2,395
E) $925

Correct Answer:

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