Solve the problem.
-After a 9% price reduction, a boat sold for $30,940. What was the boat's price before the reduction? (Round to the nearest cent, if necessary.)
A)$34,000
B)$2784.60
C)$343,777.78
D)$33,724.60

Question

Quizplus · Accepted Answer

The boat's price after a 9% reduction is 91% of its original price. To find the original price, divide the sale price by 0.91: $30,940 / 0.91 = $34,000.

Solve the Problem. -After a 9% Price Reduction, a Boat Sold for $30,940