A builder of tract homes reduced the price of a model by 15%. If the new price is $167,170, what was its original price?
A) $167,170.15
B) $196,670.59
C) $142,094.50
D) $192,245.50

Name: A builder of tract homes reduced the price of a model by 15%. If the new price is $167,170, what was its original price? A) $167,170.15 B) $196,670.59 C) $142,094.50 D) $192,245.50
Brand: Quizplus
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Question

Quizplus · Accepted Answer

To find the original price, divide the new price by (1 - 0.15), which is 0.85. So, $167,170 / 0.85 = $196,670.59.

A Builder of Tract Homes Reduced the Price of a Model