Set up an equation that can be used to solve the problem. Solve the equation and answer the question asked.
-After a 14% price reduction, a boat sold for $21,500. What was the boat's price before the reduction? (Round to the nearest cent, if necessary.)
A) $3010.00
B) $25,000
C) $153,571.43
D) $24,510.00

Question

Quizplus · Accepted Answer

Let the original price of the boat be $x$. After a 14% reduction, the boat sells for 86% of its original price, so $0.86x = 21,500$. Solving for $x$ gives $x = 21,500 / 0.86 = 25,000$.

Set Up an Equation That Can Be Used to Solve