The discount on a new stereo was $150$150. This was a discount of 22%22%.Step 1 of 3 : What was the original selling price of the stereo? Follow the problem-solving process and round your answer to the nearest cent, if necessary.
Question
The discount on a new stereo was 150. This was a discount of 22%22%.Step 1 of 3 : What was the original selling price of the stereo? Follow the problem-solving process and round your answer to the nearest cent, if necessary.
Solution
Step 1: Understand the problem
The problem is asking us to find the original selling price of the stereo. We know that the discount on the stereo was $150 and this was a 22% discount.
Step 2: Set up the equation
Let's denote the original selling price as X. We know that 22% of X is equal to $150. This can be written as:
0.22 * X = $150
Step 3: Solve the equation
To find the value of X, we need to divide both sides of the equation by 0.22:
X = $150 / 0.22
Step 4: Calculate the value
X = $681.82
So, the original selling price of the stereo was approximately $681.82.
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