Steve buys a ticket to the opera. At the last moment, he finds he cannot go and sells the ticket to Judy for $10, which was a loss of 16 2/3 %. What was the original price of the ticket?

Question

Can you please help me with this question? These are the answer choices.

(A) $8.33 (B) $16.66 (C) $12 (D) $11.66 (E) $15

Answer 1

62 2/3% = 1/6

10 = p - p/6

10 = 5p/6

60 = 5p

12 - p

Original price was $12