After a 13% price reduction, a boat sold for $21,750. What was the boat's price before the reduction?

Question

What is the algebraic equation for this word problem?

Answer 1

The price of the boat before reduction is P.

 

Next we solve for the variable P using the given information.

 

P - 0.13P = 21,750

 

 

0.87P = 21,750

 

Solve for P by dividing both sides of the equation by 0.87.

 

The price of the boat before reduction = $25,000