The price of a ring has been reduced by 20%. The new, reduced price is $360. What was the price of the ring before the reduction?

Gaige Haynes

Gaige Haynes

Answered question

2022-09-08

The price of a ring has been reduced by 20%. The new, reduced price is $360. What was the price of the ring before the reduction?

Answer & Explanation

Mohammed Farley

Mohammed Farley

Beginner2022-09-09Added 15 answers

The price of the ring before reduction is 100% that means we have to find 100% price.
When the priceq reduced by 20% then the price of ring to $360 or ring is selling at 80% = $360
80 % = $ 360 1 % = 1 80 × 360
then at 100%
100 % = 100 × 1 80 × 360 = 10 × 360 8 = 5 × 90 = 450 100 % = $ 450
the price of ring before reduction is $450

Do you have a similar question?

Recalculate according to your conditions!

Ask your question.
Get an expert answer.

Let our experts help you. Answer in as fast as 15 minutes.

Didn't find what you were looking for?