Understanding Original Price Calculations

What is the original price in a percent problem?

• The price including tax

• The final selling price

• The price before any reductions or additions

• The price after a discount is applied

How do you convert a percentage to a decimal?

• Divide by 10

• Move the decimal point two places to the left

• Add a zero to the end

• Move the decimal point two places to the right

If a dress has a discount of 90 pesos at a 20% discount rate, what is the original price?

• 450 pesos

• 540 pesos

• 400 pesos

• 360 pesos

What is the formula to find the original price using the sale price and discount rate?

• Discount rate divided by sale price

• Discount amount divided by sale price

• Sale price divided by (100% - discount rate)

• Sale price divided by discount rate

If a dress is sold for 360 pesos after a 20% discount, what was the original price?

• 500 pesos

• 400 pesos

• 450 pesos

• 360 pesos

How do you calculate the original price in a markup problem using the markup price?

• Divide the markup price by the markup rate

• Subtract the markup rate from the markup price

• Multiply the markup price by the markup rate

• Add the markup price to the markup rate

If a blouse has a markup price of 10.50 pesos at a 15% markup rate, what is the original price?

• 80 pesos

• 70 pesos

• 90 pesos

• 60 pesos

What is the formula to find the original price using the selling price and markup rate?

• Markup rate divided by selling price

• Selling price multiplied by markup rate

• Selling price divided by (100% + markup rate)

• Selling price minus markup rate

If a blouse is sold for 80.50 pesos with a 15% markup, what was the original price?

• 75 pesos

• 85 pesos

• 80 pesos

• 70 pesos

Why is it important to convert percentages to decimals in these calculations?

• To avoid using fractions

• To increase accuracy

• To simplify the division process

• To make the numbers smaller