A product sold for 1500 with 15% profit. What was its original price?
A product sold for 1500 with 15% profit. What was its original price?
Explanation
Let original price = x
Selling price = x + 15% of x = 1.15x = 1500
x = 1500 / 1.15 = 1275
Let original price = x
Selling price = x + 15% of x = 1.15x = 1500
x = 1500 / 1.15 = 1275