I'm trying to figure out how to calculate the original cost of something. I have some information about the current price and maybe some discounts or markups, but I'm not sure how to work backwards to find the starting point.
7 answers
CryptoQueen
Sun Nov 03 2024
Once the discount is in decimal form, the next step involves setting up an equation.
CryptoProphet
Sun Nov 03 2024
To begin, transforming the percent discount into a decimal form is crucial.
SarahWilliams
Sun Nov 03 2024
This conversion is achieved by dividing the percentage by 100.
Lorenzo
Sat Nov 02 2024
Additionally, 'd' denotes the discount as a decimal, which was obtained in the first step.
BitcoinBaroness
Sat Nov 02 2024
The equation used to find the original price of an item is P = (1 − d) x.